{"id":11106,"date":"2026-07-24T18:46:13","date_gmt":"2026-07-24T18:46:13","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=11106"},"modified":"2026-07-24T18:46:13","modified_gmt":"2026-07-24T18:46:13","slug":"blackrocks-ibit-accounted-for-90-of-a-225-million-bitcoin-etf-reversal-after-a-seven-day-buying-streak","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=11106","title":{"rendered":"BlackRock\u2019s IBIT accounted for 90% of a $225 million Bitcoin ETF reversal after a seven-day buying streak"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/07\/blackrock-ibit-outflow-pressure-bitcoin.jpg\" \/><\/p>\n<div>\n<p>US spot Bitcoin ETFs recorded $225 million in net outflows on July 23, ending a seven-session inflow streak as net redemptions from BlackRock\u2019s iShares Bitcoin Trust dominated the reversal.<\/p>\n<p>IBIT posted a $202 million net outflow, accounting for 89.96% of the US spot Bitcoin ETF sector\u2019s aggregate net outflow.<\/p>\n<p>Five other funds recorded combined outflows of $27.6 million, while Grayscale\u2019s GBTC attracted $5 million. Together, the funds outside IBIT therefore contributed a net $22.6 million to the daily outflow.<\/p>\n<p>The reversal followed seven consecutive positive sessions between July 14 and July 22, during which the ETFs attracted a combined $999 million. The July 23 withdrawal erased approximately 22.5% of those additions, leaving the full eight-session period with a net inflow of $774 million, according to Farside Investors<\/p>\n<h2>Bitcoin weakened alongside the reversal<\/h2>\n<p>Bitcoin also moved lower during the July 23 session yesterday. BlackRock reported that IBIT\u2019s net asset value declined 1.63% for the day, while its CME CF Bitcoin Reference Rate benchmark ended at $64,768.<\/p>\n<p>The decline was directionally consistent with softer ETF demand, although the same-day timing leaves causation unresolved. Fund flows are calculated after the trading session and can reflect investor positioning established at different points during the day.<\/p>\n<p>The concentration within IBIT makes the session especially significant for BlackRock\u2019s fund. The $202.5 million net outflow was nearly nine times the combined net outflow from every other product.<\/p>\n<p>However, the broader eight-session total remains firmly positive. On the available flow evidence, July 23 looks more like a partial reversal of the preceding streak than clear evidence that the broader inflow trend has ended.<\/p>\n<div id=\"cs-inline-newsletter-6a63a4de96298\" class=\"cs-inline-newsletter\" data-inline-newsletter=\"\">\n<div class=\"cs-inline-newsletter__inner\">\n<div class=\"cs-inline-newsletter__content\"> <span class=\"cs-inline-newsletter__eyebrow\">CryptoSlate Daily Brief<\/span><\/p>\n<h3 class=\"cs-inline-newsletter__title\">Daily signals, zero noise.<\/h3>\n<p class=\"cs-inline-newsletter__copy\">Market-moving headlines and context delivered every morning in one tight read.<\/p>\n<p> <span><i class=\"fa-regular fa-bolt\" aria-hidden=\"true\"\/> 5-minute digest<\/span> <span><i class=\"fa-regular fa-star\" aria-hidden=\"true\"\/> 100k+ readers<\/span><\/p>\n<\/div>\n<div class=\"cs-inline-newsletter__form-shell\">\n<p class=\"cs-inline-newsletter__privacy\">Free. No spam. Unsubscribe any time.<\/p>\n<p> <i class=\"fa-regular fa-circle-xmark\" aria-hidden=\"true\"\/> <span>Whoops, looks like there was a problem. Please try again.<\/span><\/p>\n<p> <i class=\"fa-regular fa-circle-check\" aria-hidden=\"true\"\/> <span>You\u2019re subscribed. Welcome aboard.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>IBIT\u2019s net outflow should also be understood as fund activity instead of a discretionary bearish trade by BlackRock. According to BlackRock\u2019s product documentation, ordinary investors trade IBIT shares on the secondary market, while authorized participants create or redeem large aggregated units known as baskets.<\/p>\n<p>The reported flow therefore reflects net redemption activity in IBIT shares through that structure. Characterizing it as BlackRock withdrawing corporate capital or independently deciding to sell Bitcoin would misstate the mechanism.<\/p>\n<h2>Further sessions will test the ETF demand buffer<\/h2>\n<p>The durability question now depends on whether the July 23 reversal extends into subsequent finalized sessions. Repeated net outflows would unwind more of the $999.3 million accumulated during the streak and provide stronger evidence that ETF demand has weakened.<\/p>\n<p>A return to inflows would strengthen the interpretation that July 23 was a one-session reset. Based on finalized data through that date, the recent eight-session window still shows $774.2 million of net demand despite the IBIT-led reversal.<\/p>\n<\/div>\n<p>Analysis,ETF,Featured#BlackRocks #IBIT #accounted #million #Bitcoin #ETF #reversal #sevenday #buying #streak1784918773<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US spot Bitcoin ETFs recorded $225 million in net outflows on July 23, ending a seven-session inflow streak as net redemptions from BlackRock\u2019s iShares Bitcoin Trust dominated the reversal. IBIT posted a $202 million net outflow, accounting for 89.96% of the US spot Bitcoin ETF sector\u2019s aggregate net outflow. Five other funds recorded combined outflows<\/p>\n","protected":false},"author":1,"featured_media":11107,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[5675,91,487,501,231,1886,406,3837,5676,2179],"class_list":["post-11106","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ethereum","tag-accounted","tag-bitcoin","tag-blackrocks","tag-buying","tag-etf","tag-ibit","tag-million","tag-reversal","tag-sevenday","tag-streak"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>BlackRock\u2019s IBIT accounted for 90% of a $225 million Bitcoin ETF reversal after a seven-day buying streak - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"Bitcoin ETFs saw $225 million in outflows as BlackRock\u2019s IBIT drove 90% of the reversal after a seven-session inflow streak.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=11106\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BlackRock\u2019s IBIT accounted for 90% of a $225 million Bitcoin ETF reversal after a seven-day buying streak\" \/>\n<meta property=\"og:description\" content=\"Bitcoin ETFs saw $225 million in outflows as BlackRock\u2019s IBIT drove 90% of the reversal after a seven-session inflow streak.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=11106\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-24T18:46:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/07\/blackrock-ibit-outflow-pressure-bitcoin.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=11106\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=11106\",\"name\":\"BlackRock\u2019s IBIT accounted for 90% of a $225 million Bitcoin ETF reversal after a seven-day buying streak - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=11106#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=11106#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/07\/blackrock-ibit-outflow-pressure-bitcoin.jpg\",\"datePublished\":\"2026-07-24T18:46:13+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"Bitcoin ETFs saw $225 million in outflows as BlackRock\u2019s IBIT drove 90% of the reversal after a seven-session inflow streak.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=11106#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=11106\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=11106#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/07\/blackrock-ibit-outflow-pressure-bitcoin.jpg\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/07\/blackrock-ibit-outflow-pressure-bitcoin.jpg\",\"width\":1280,\"height\":720},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=11106#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"BlackRock\u2019s IBIT accounted for 90% of a $225 million Bitcoin ETF reversal after a seven-day buying streak\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; 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