BlackRock's Bitcoin ETF Lost $165 Million in a Week. Is Wall Street Pulling Back?

iShares Bitcoin Trust (IBIT) outflows totaled $165.4 million for the week ending October 16, 2026, according to the article, making up about 72% of the $228.4 million in net withdrawals across U.S. spot Bitcoin ETFs. The move follows a strong stretch for Bitcoin, which trades near $81,141 on October 17—down 1.7% for the week but up 6.8% over the month. Other ETFs also saw heavy selling, including Fidelity’s FBTC (-$60.2 million) and Grayscale’s BTC (-$7.6 million). Still, Morgan Stanley’s trust added $6.7 million and Bitwise’s fund gained $2.2 million. One day drove much of the weakness, with a $261.5 million drop on October 14.