Bitcoin

CryptoBriefing Reports Disagree on Date of $104.97M IBIT Outflow

CryptoBriefing Reports Disagree on Date of $104.97M IBIT Outflow

Two CryptoBriefing stories published minutes apart on the same $104.97 million BlackRock IBIT outflow figure anchor it to different calendar events — one tying it to a November 6 outflow following a November 2 redemption, the other to February 2026 ETF data.

Two CryptoBriefing stories published minutes apart on the same $104.97 million BlackRock IBIT outflow figure anchor it to different calendar events — one tying it to a November 6 outflow following a November 2 redemption, the other to February 2026 ETF data.

What all sources agree on

  • BlackRock’s iShares Bitcoin Trust (IBIT) clients sold approximately $104.97 million worth of Bitcoin.
  • The outflow came from investors redeeming their ETF shares rather than BlackRock trading for its own account.
  • IBIT is described as the leading/largest spot Bitcoin ETF by assets.

Where the reports disagree

1Which event the $104.97 million outflow is tied to, and when it occurred

The sale follows previous substantial outflows, including a $405.3 million outflow reported on November 2.

CryptoBriefing (2026-11-06T05:26:20+00:00)

The $104.97 million figure lines up closely with broader category data. US spot Bitcoin ETFs reported $104.9 million in net outflows on February 18, 2026.

CryptoBriefing (2026-11-06T05:28:11+00:00)

What would settle it: IBIT’s official daily fund flow disclosure or BlackRock’s own redemption data for the relevant date(s).

2Context for the surrounding ETF volume trend

This trend may reflect a shift in sentiment among BlackRock’s ETF clients, leading to reduced holdings of Bitcoin within the ETF.

CryptoBriefing (2026-11-06T05:26:20+00:00)

The timing matters as much as the size. Trading volume across these products dropped by nearly 80% from a peak recorded on February 5.

CryptoBriefing (2026-11-06T05:28:11+00:00)

What would settle it: Published spot Bitcoin ETF aggregate volume and flow data from the exchanges or data aggregators (e.g., Farside, Bloomberg) covering the cited dates.

What to make of it

Treat the $104.97 million IBIT redemption figure itself as reported consistently, but do not treat its timing as settled: one CryptoBriefing story places it around November 6, 2026 following a November 2 outflow, while another CryptoBriefing story ties the same figure to February 18, 2026 data — these cannot both describe the same event.

Treat the $104.97 million IBIT redemption figure itself as reported consistently, but do not treat its timing as settled: one CryptoBriefing story places it around November 6, 2026 following a November 2 outflow, while another CryptoBriefing story ties the same figure to February 18, 2026 data — these cannot both describe the same event.

Original source: AltcoinGordon

Syndicated coverage. Originally reported by altcoingordon.com.