[BlackRock Bitcoin ETF Experiences Five Consecutive Weeks of Outflows, Exceeding $2.7 Billion in Total] BlockBeats News, December 5: According to data compiled by Bloomberg, BlackRock's iShares Bitcoin Trust (IBIT) has experienced its longest streak of weekly outflows since its launch in January 2024. Over the five weeks ending November 28, investors withdrew more than $2.7 billion from the ETF. As of Thursday, the ETF faced an additional $113 million in redemptions, potentially marking the sixth consecutive week of net outflows. IBIT currently manages assets exceeding $71 billion. Blockchain analytics firm Glassnode stated that this trend signifies a significant reversal of the sustained inflow mechanism that previously supported prices, reflecting a cooling of new capital allocation toward the asset.