Crypto ETFs shed $366.7 million as BlackRock funds lead redemptions

US spot Bitcoin and Ethereum exchange-traded funds logged $366.7 million in combined net outflows on November 10, 2026, according to figures shared by Crypto Briefing. Data compiled by on-chain analytics tracker Lookonchain showed Bitcoin ETFs recorded a single-day net outflow of 3,081 BTC, valued at about $228.74 million, pushing the group's seven-day net withdrawals to 14,833 BTC (approximately $1.1 billion). Ethereum ETFs saw 65,908 ETH leave their funds in a single day, or roughly $137.92 million, bringing seven-day net outflows to 150,813 ETH (about $315.6 million).^[3][4]

The daily retreat was led by BlackRock's spot exchange-traded products. Lookonchain data indicates that BlackRock's iShares Bitcoin Trust (IBIT) shed 2,852 BTC on the day, while its iShares Ethereum Trust (ETHA) lost 56,095 ETH. Crypto accounts including Whale Insider and Crypto Rover reported that BlackRock sold roughly $213.23 million in Bitcoin alongside $118.28 million in Ethereum, which Crypto Briefing and BlockNews attributed to ETF share redemptions requiring the fund to offload underlying digital assets.^{[1][2][4][5][6]}

Despite the daily outflows, BlackRock continues to hold the largest balances in both asset classes, maintaining 793,069 BTC in IBIT and 2,883,938 ETH in ETHA, according to Lookonchain. Total spot Bitcoin ETF holdings reached 1,252,123 BTC worth $92.96 billion, while total Ethereum ETF reserves stood at 5,276,552 ETH valued at $11.04 billion. Other providers posted mixed activity; Fidelity's FBTC saw zero daily net flow alongside 978 BTC in seven-day net inflows, while its Ethereum fund, FETH, recorded a daily net outflow of 8,881 ETH.^[4]