Blackrock’s iShares bitcoin fund sees record exodus as crypto heads for worst month since 2022

CHONGQING, CHINA – JULY 17: In this photo illustration, a person holds a physical representation of a Bitcoin (BTC) coin in front of a screen displaying a candlestick chart of Bitcoin’s latest price movements on July 17, 2025 in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images)

Cheng Xin | Getty Images News | Getty Images

Blackrock’s spot bitcoin exchange-traded fund is having its worst month ever as its underlying asset suffers its largest monthly decline in more than three years.

The iShares Bitcoin Trust ETF has recorded $2.2 billion in outflows this month, as of Monday, FactSet data shows. That’s nearly eight times the $291 million in losses suffered by the investment vehicle last October, or its second-worst month on…

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