BlackRock iShares Bitcoin Trust leads $2.35 B of outflows from U.S. spot Bitcoin ETFs over two weeks
U.S. spot Bitcoin exchange‑traded funds recorded net withdrawals of $2.35 billion across the weeks of Nov 5‑9 and Nov 9‑13, 2026. BlackRock’s iShares Bitcoin Trust (IBIT) was the dominant source, shedding $143.5 million on Friday, Nov 13, and accumulating $2.12 billion in net outflows for the month to date. The redemptions coincided with Bitcoin trading below $70,000, extending IBIT’s redemption streak to eleven consecutive sessions since Oct 30.
Why it matters
The outflows reduce the assets under management of the largest spot Bitcoin ETF, potentially lowering liquidity and short‑term price support for Bitcoin. Investors tracking regulated crypto products will see the net demand trend turn negative until flows stabilize.
Key facts
- 1U.S. spot Bitcoin ETFs surrendered $2.35 billion in net assets over two consecutive weeks. finance.biggo.com
- 2The week of Nov 9‑13 accounted for $1.07 billion of the total outflows. finance.biggo.com
- 3IBIT recorded a Friday net outflow of $143.5 million. finance.biggo.com
- 4IBIT’s cumulative net outflows for November reached $2.12 billion. finance.biggo.com
- 5Bitcoin fell below $70,000 on the day of the latest outflows. finance.biggo.com
- 6IBIT’s redemption streak extended to eleven consecutive trading sessions since Oct 30. finance.biggo.com
Summary written by AlphAI AI Desk from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.