Spot bitcoin ETFs shed $300 million as five-day outflow streak deepens
U.S. spot bitcoin ETFs recorded nearly $300 million in net outflows on Nov. 11, driven by $269.7 million in withdrawals from BlackRock's IBIT, while spot ether funds extended their own losing streak to five consecutive sessions.
U.S. spot bitcoin exchange-traded funds recorded $299.9 million in net outflows on Nov. 11, marking their fifth consecutive session of net redemptions. The exits were led by BlackRock's IBIT, which accounted for $269.7 million of the day's total, representing about 3,660 BTC. Grayscale's GBTC shed $39.13 million, while Morgan Stanley's MSBT stood out as the sole fund logging positive flows with an $8.96 million inflow.[1][3][4][5][8][9]
The latest wave of selling brought five-session withdrawals across U.S. spot bitcoin ETFs to $1.44 billion, or approximately 18,780 BTC. BlackRock's fund has now seen $2 billion in cumulative outflows over nine trading sessions. Despite the recent pressure, cumulative net inflows across all spot bitcoin ETFs still sit near $55.56 billion, with total net assets at $93.70 billion as of Nov. 11.[1][3][8]
Selling pressure extended across the broader crypto ETF market as well. Spot ether ETFs lost about $144.8 million on the same day, marking their fifth straight session in the red, with BlackRock's ETHA accounting for approximately $130 million of those withdrawals. U.S. spot Solana ETFs also registered $5.85 million in net outflows.[4][5][7][8][10]
Key facts
- U.S. spot bitcoin ETFs recorded $299.9 million in net outflows on Nov. 11, marking five consecutive sessions of net withdrawals.
- BlackRock's IBIT led bitcoin ETF redemptions with $269.7 million, or approximately 3,660 BTC, in net outflows.
- Morgan Stanley's MSBT was the only bitcoin ETF to register net inflows on Nov. 11, gaining $8.96 million.
- Withdrawals across U.S. spot bitcoin ETFs totaled $1.44 billion (around 18,780 BTC) over the five-session streak.
- Cumulative outflows from BlackRock's spot bitcoin ETF reached $2 billion across nine trading sessions.
- Spot ether ETFs lost approximately $144.8 million on Nov. 11, extending their negative flow streak to five days, with BlackRock's ETHA accounting for about $130 million of the total.
- U.S. spot Solana ETFs posted $5.85 million in net outflows on Nov. 11.
Sources · 9 sources
- CT
Coin TelegraphArticle ·
BlackRock Bitcoin ETF outflows hit $2B over nine sessions US spot Bitcoin ETF outflows rose to nearly $300 million on Wednesday, up from $95 million a day earlier, as five-session withdrawals reached $1.44 billion.
Open source - CB
Crypto BriefingArticle ·
BlackRock’s IBIT sees $269.7 million in outflows as Bitcoin ETF exodus continues The sustained outflows from Bitcoin ETFs highlight shifting investor sentiment, potentially impacting future institutional interest and market dynamics. The post BlackRock’s IBIT sees $269.7 million in outflows as Bitcoin ETF exodus continues appeared first on Crypto Briefing .
Open source - C®
CryptoSavingExpert ®@CryptoSavingExpPost on X ·
Bitcoin spot ETFs have now recorded five consecutive trading sessions of net outflows, with approximately 18,780 BTC withdrawn over that period. The latest session alone saw another 4,060 BTC leave the funds, worth around $299.8 million. BlackRock's IBIT accounted for the majority of the latest outflows, with approximately 3,660 BTC withdrawn. Despite this, cumulative net inflows remain substantial at $55.56 billion, representing around 692,910 BTC. Institutional demand has clearly weakened in the short term, but the longer-term picture remains significant. A sustained return to positive ETF flows would be an important signal that institutional appetite is recovering.
Open source - TB
The Block@TheBlockCoPost on X ·
THE BLOCK: Spot bitcoin ETFs saw $299.9 million in net outflows on Wednesday, with BlackRock's IBIT leading the outflows at $269.7 million. Spot ether ETFs shed $144.8 million, extending their negative flow streak to five days. bitcoin:native ethereum:native https://t.co/MrmRnDkHtJ
Open source - CB
Crypto Banter@crypto_banterPost on X ·
🚨BITCOIN SPOT ETFS SEE $299.9M NET OUTFLOWS! U.S. spot bitcoin:native ETFs recorded $299.9 million in net outflows on November 11. Spot ethereum:native ETFs saw $144.81 million in net outflows the same day. The fifth consecutive day of net outflows for the funds. https://t.co/dmF6wAA8YB
Open source - WI
Whale Insider@WhaleInsiderPost on X ·
JUST IN: BlackRock ETF clients sell $269.7 million worth of $BTC. https://t.co/qKEFdx5G0I
Open source - WI
Whale Insider@WhaleInsiderPost on X ·
JUST IN: BlackRock ETF clients sell $129.78 million worth of $ETH. https://t.co/pe7IF50BSo
Open source - WB
Wu Blockchain@WuBlockchainPost on X ·
Bitcoin ETFs Shed $300 Million, Ether Funds Lose $145 Million According to SoSoValue, U.S. spot Bitcoin ETFs recorded $300 million in net outflows on November 11, while Morgan Stanley's MSBT led individual fund inflows with $8.96 million. Spot Ethereum ETFs saw $145 million in net outflows, with BlackRock's ETHA accounting for $130 million.
Open source - BS
BSCN@BSCNewsPost on X ·
BlackRock Dominates Bitcoin ETF Outflows in a Brutal Session BlackRock's (@BlackRock) spot Bitcoin $BTC ETF recorded $269.7 million in net outflows on November 11. US spot Bitcoin ETFs saw $299.9 million leave overall. Grayscale's (@Grayscale) GBTC accounted for another $39.13 million in outflows. Morgan Stanley's (@MorganStanley) MSBT was the only fund to report inflows, adding $8.96 million.
Open source - CO
Cointelegraph@CointelegraphPost on X ·
🇺🇸 ETF FLOWS: BTC, ETH and SOL spot ETFs saw net outflows on Nov. 11. BTC: -$299.9M ETH: -$144.81M SOL: -$5.85M https://t.co/2YaJlWurR2
Open source