BlackRock’s Bitcoin ETF Hits First Outflows—Is the Crypto Boom Over?

New York, Sunday, 21 June 2026.
BlackRock’s iShares Bitcoin ETF (IBIT) just recorded its first net outflows in 2026, ending a 77-day inflow streak. With Bitcoin down nearly 50% from its 2025 peak and $4.4 billion in recent ETF outflows, investors are questioning whether the crypto rally is fading. Yet, despite the pullback, experts argue this ‘crypto winter’ is different—more a buying opportunity than a collapse. The real twist? IBIT still holds $80 billion in Bitcoin, making it the largest single holder outside of Satoshi’s lost coins. Is this a temporary dip or a sign of deeper trouble for institutional crypto adoption?