Spot bitcoin ETFs post $115.6 million in outflows amid three-day redemption streak
U.S. spot bitcoin ETFs saw roughly $115.6 million in net outflows on Tuesday, bringing three-day cumulative withdrawals above $1.15 billion even as bitcoin's price climbed past $78,000.
U.S. spot bitcoin exchange-traded funds recorded $115.6 million in net outflows on Tuesday, according to The Block, marking a third consecutive session of net redemptions. BlackRock's iShares Bitcoin Trust (IBIT) accounted for the vast majority of the exits with $95 million in net outflows. Spot ether ETFs also experienced selling pressure on the same day, logging roughly $85.4 million in net outflows.[3][2][1]
Tuesday's net redemptions followed daily outflows of $643.2 million on Oct. 30 and $398.6 million on Nov. 2, bringing cumulative three-session withdrawals to more than $1.15 billion, according to Coinglass flow data. Although Fidelity's FBTC took in $6.8 million and Bitwise's BITB attracted $21.9 million on Nov. 3, the modest inflows were insufficient to counter broader fund exits. Farside Investors data cited by CryptoSlate similarly placed total net outflows over the three sessions ending Nov. 3 at approximately $1.16 billion.[1][4][5]
Despite the heavy ETF outflows, bitcoin's price held above $76,000 throughout the selloff and pushed above $78,000 following a Democratic sweep, according to CryptoSlate and Crypto Briefing. Crypto Briefing reported that the outflows highlight the market's vulnerability to sentiment swings despite ongoing long-term institutional interest. Looking ahead, analyst Ryan Kirkley noted that his year-end price target of $85,000 to $90,000 remains contingent on steadier ETF flows, improved liquidity, and broader macroeconomic confidence.[5][6]
Key facts
- U.S. spot bitcoin ETFs registered $115.6 million in net outflows on Tuesday, led by $95 million in redemptions from BlackRock's IBIT.
- Spot ether ETFs recorded $85.4 million in net outflows on the same day.
- Three-day cumulative outflows across spot bitcoin ETFs reached between $1.15 billion and $1.16 billion through Nov. 3.
- Fidelity's FBTC saw $6.8 million in net inflows and Bitwise's BITB saw $21.9 million in net inflows on Nov. 3.
- Bitcoin maintained support above $76,000 during the withdrawal wave and rose above $78,000 after the Democratic sweep.
- Analyst Ryan Kirkley's $85,000 to $90,000 year-end bitcoin outlook depends on steadier ETF flows, liquidity, and macroeconomic confidence.
Sources · 6 sources
- TM
That Martini Guy ₿@MartiniGuyYTPost on X ·
Bitcoin spot ETFs have now recorded three consecutive days of net outflows. The latest reading shows $115.6M leaving the products, following $398.6M and $643.2M in the two prior reported sessions. That is more than $1.15B in cumulative outflows across those three days. BlackRock’s IBIT has been the largest source of redemptions, with $95M leaving in the latest data after $405.3M the day before. There were smaller inflows into Fidelity’s FBTC and Bitwise’s BITB, but not enough to offset the selling. I think this is important context for Bitcoin’s current bounce. ETF flows do not dictate price on their own, but they show that institutional demand has been a net headwind while BTC is still below $79,500. The encouraging part is that the latest outflow is materially smaller than the previous two sessions. For me, the next thing to watch is whether those outflows continue to slow, or whether the ETFs return to net inflows as Bitcoin tries to reclaim $79,500. That would make the recovery far more convincing.
Open source - CB
Crypto Banter@crypto_banterPost on X ·
🚨BITCOIN ETFS SEE $115.56M IN OUTFLOWS, ETHEREUM FUNDS SHED $85.35M! U.S. spot bitcoin:native ETFs recorded $115.56 million in net outflows on Tuesday, per SoSoValue data. Spot ethereum:native ETFs saw $85.35 million in net outflows on the same day. The continued redemptions mark another day of net selling across both major crypto ETF products.
Open source - TB
The Block@TheBlockCoPost on X ·
THE BLOCK: Spot bitcoin ETFs shed $115.6 million on Tuesday, led by $95 million in net outflows from BlackRock's IBIT. Spot ether ETFs also saw $85.4 million in net outflows on the same day. bitcoin:native ethereum:native $IBIT https://t.co/ETcN1MHNp3
Open source - C®
CryptoSavingExpert ®@CryptoSavingExpPost on X ·
Bitcoin spot ETFs have now seen three consecutive days of net outflows. The latest data shows $115.6M leaving the funds, following $398.6M and $643.2M in the two prior reported sessions — over $1.15B in total. BlackRock’s IBIT was the largest source of the latest redemptions, although smaller inflows into Fidelity’s FBTC and Bitwise’s BITB provided some offset. ETF flows are not a guarantee of where Bitcoin goes next, but they show institutional demand has been a short-term headwind while BTC remains below $79,500. The positive sign: the latest outflow was substantially smaller than the previous two.
Open source - CR
CryptoSlate@CryptoSlatePost on X ·
Bitcoin rose above $78K after the Democratic sweep despite ~$1.16B in US spot ETF outflows over three sessions to Nov. 3, per @FarsideUK. Ryan Kirkley’s $85K–$90K year-end case needs steadier ETF flows, liquidity and macro confidence. via @pelicamatos https://t.co/WFUvSAyQUy
Open source - CB
Crypto BriefingArticle ·
Bitcoin ETFs bleed $1.16 billion in three days as price holds above $76,000 The recent outflows from Bitcoin ETFs highlight the sector's vulnerability to market sentiment shifts, despite strong long-term institutional interest. The post Bitcoin ETFs bleed $1.16 billion in three days as price holds above $76,000 appeared first on Crypto Briefing .
Open source