BlackRock's IBIT Investors Down 40%; Largest Bitcoin ETF Faces Record Outflows

According to Bespoke Investment Group, the average investor in BlackRock's iShares Bitcoin Trust ETF (IBIT) is now down approximately 40% as of late June. The typical holder's position has shifted from a 30% gain in mid-2025 following the October 2025 flash crash, reflecting the severity of 2026's crypto selloff.

U.S. spot Bitcoin ETFs bled $1.79 billion in the week ending June 26, marking the second-heaviest weekly outflow since the funds' launch, trailing only February 2025's $2.61 billion exodus. Friday alone saw $444.51 million in outflows, all from IBIT, extending the fund's losing streak to seven consecutive trading days and seven straight negative weeks—a record run. IBIT has accumulated $60.77 billion in inflows since inception but now holds just $44.42 billion in net assets, per SoSoValue data.