BlackRock’s IBIT Records $300 Million Outflow as U.S. Bitcoin ETF Demand Weakens

U.S. spot Bitcoin ETFs recorded a combined net outflow of $231 million on Monday, reflecting weaker institutional demand for Bitcoin. The largest withdrawal came from BlackRock’s iShares Bitcoin Trust (IBIT), which saw $300 million leave the fund.

Some of the losses were offset by inflows into other products. ARKB attracted around $50 million, while Grayscale’s GBTC added approximately $35 million, according to market data from SoSoValue.

AI Stocks Attract Investor Capital

The latest ETF outflows come as global investors continue shifting money into technology and artificial intelligence-related stocks.

South Korea’s Kospi Index, despite falling 10% earlier this month, climbed another 2.1% and remains the world’s best-performing major stock index this year.

Samsung has gained more than 100% this quarter, while SK Hynix has surged nearly 240% since April.

Bitcoin Faces Competition for Institutional Investment

The growing interest in AI infrastructure and semiconductor companies appears to be drawing capital away from Bitcoin. At the same time, the Japanese yen has weakened to its lowest level against the U.S. dollar since 1986, highlighting continued demand for leveraged investments in technology markets.

While AI-related equities continue attracting fresh investment, Bitcoin ETFs are seeing reduced inflows, suggesting institutional investors are currently favoring technology stocks over digital assets.