BlackRock stock weighs crypto outflows against broader demand

Published on 11/10/2026 at 12:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BlackRock stock is in focus after heavy withdrawals from its Bitcoin and Ethereum ETFs. Investors now await the US inflation report.

Crypto outflows test BlackRock demand

IBIT recorded its seventh consecutive session of withdrawals on November 9.
BlackRock's two crypto products faced redemptions before the October US CPI report.
The next focus is whether regulated crypto demand improves after the inflation release.

BlackRock Inc., US09290D1019, Illustration mit AI erstellt.

BlackRock's crypto funds faced another heavy withdrawal session on Monday, November 9, as investors positioned for the October US Consumer Price Index report. Yahoo Finance reported that the iShares Bitcoin Trust, known as IBIT, recorded USD 213.2 million in outflows, while the iShares Ethereum Trust, or ETHA, lost USD 119.3 million.

The combined withdrawal from the two products reached USD 332.5 million in one session. Across the US spot Bitcoin ETF market, net outflows totaled USD 201 million on November 9. BlackRock's IBIT accounted for the largest reported fund-level withdrawal, while Morgan Stanley's MSBT attracted USD 22.1 million.

IBIT extends its withdrawal streak

IBIT has now recorded seven consecutive sessions of withdrawals and has lost USD 1.66 billion since October 30, according to the Yahoo Finance report published Tuesday, November 10. The broader Bitcoin ETF market had accumulated USD 1.48 billion in November outflows through November 9.

The figures put the recent crypto weakness in a broader context for BlackRock. The firm's ETF platform remains exposed to investor flows across traditional and digital assets, so sustained redemptions in large products can weigh on fee-generating assets even when the fund flows reflect investor decisions rather than a separate corporate investment view.

Inflation data sets next market test

The October CPI release was scheduled for later on Tuesday. Yahoo Finance cited expectations for a 0.3 percent monthly increase in headline inflation and a 0.2 percent rise in core inflation. The report said markets had priced in an approximately 85 percent probability of another quarter-point Federal Reserve rate increase.

That macroeconomic backdrop matters for crypto-linked products because higher interest-rate expectations can reduce demand for assets that do not generate a conventional yield. A softer inflation reading could ease that pressure, but the report also noted that a change in rate expectations alone may not reverse the recent withdrawal pattern. Investors will therefore watch both the CPI reaction and subsequent ETF flows.

BlackRock stock traded at 1,088.50 euros on Lang & Schwarz at 12:41 CET on Tuesday, November 10, 2026.