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