[BlackRock Bitcoin ETF sees $2.7 billion outflow over the past five weeks, marking the longest consecutive outflow streak since its launch] Foresight News reports, according to Bloomberg, BlackRock's iShares Bitcoin Trust Fund has set the record for the longest consecutive weekly withdrawal streak since its launch in January 2024. This indicates that institutional demand for BTC remains sluggish even as BTC prices stabilize. Data compiled by Bloomberg shows that over the five weeks ending November 28, investors withdrew more than $2.7 billion from the exchange-traded fund (ETF). On Thursday, an additional $113 million was redeemed, and the ETF is now heading toward six consecutive weeks of net outflows.