# BlackRock’s iShares Bitcoin Trust (IBIT) has led spot Bitcoin (BTC) exchange-traded funds (ETFs) into renewed selling pressure.

*fintech · news · 2026-04-29 · Finbold*

## Key points

- BlackRock’s IBIT reported its first net cash outflow of $112.25 million after 13 days of inflows.
- U.S. spot Bitcoin ETFs ended a nine-day inflow streak with $352.86 million outflows over two days.
- The Coinbase Bitcoin Premium Index turned negative, indicating US institutions are distributing Bitcoin.
- Bitcoin spot trading volume has dropped to its lowest level since October 2023.

**Companies:** BlackRock, Coinbase
**Countries:** United States

[Read the full story on Finbold](https://finbold.com/blackrocks-ibit-leads-bitcoin-etf-outflows-amid-u-s-investor-sell-off/)

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