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BlackRock BIT experienced a massive net outflow of $1.7822 billion this month, setting a record for the highest market capitalization evaporation over consecutive trading days.

On November 20, BlackRock's Bitcoin Spot ETF IBIT has seen a net outflow of $1.7822 billion since November, with a record outflow of $523.2 million yesterday. The continuous net outflow over five trading days has caused its market capitalization to evaporate by $1.4 billion, setting the highest record for consecutive trading days of market capitalization evaporation in its 22-month history. IBIT currently manages over $73 billion in assets, the largest among all Spot Bitcoin ETFs, and there was almost no outflow in the first four months after the fund's establishment.

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