Bitcoin Near $90K as BlackRock’s IBIT ETF Becomes Its Most Profitable Product Despite $2.34 Billion in November Outflows
Bitcoin is starting December on a knife-edge. After a bruising November sell-off, the world’s largest cryptocurrency is back hovering around the psychologically important $90,000 level, while BlackRock’s flagship iShares Bitcoin Trust (IBIT) has quietly become the asset manager’s most profitable product line – even as it just weathered $2.34 billion in monthly outflows. TradingView+1 The picture on 1 December 2025 is a paradox: spot Bitcoin ETFs, led by BlackRock, are both the biggest revenue engine in the firm’s ETF family and a focal point of investor anxiety as flows swing violently with every move in BTC’s price. Bitcoin Price Today: