U.S. spot Bitcoin ETFs record five days of net outflows totaling $1.44 billion
+5 new sources since this summary was written
From November 5 to November 11, U.S. spot Bitcoin exchange‑traded funds saw cumulative net withdrawals of about $1.44 billion. BlackRock’s iShares Bitcoin Trust accounted for the bulk of the selling, losing roughly $269.7 million on November 11 alone. Morgan Stanley’s Bitcoin Trust was the only fund with net inflows, adding about $9 million on the same day. Bitcoin was trading near $73,500‑$73,600, struggling to break above $75,000.
Why it matters
The outflow pressure reduces assets under management in Bitcoin ETFs, potentially limiting liquidity for investors who rely on these products. The continued weakness may also signal reduced institutional demand, which could weigh on Bitcoin’s price recovery.
Key facts
- 1U.S. spot Bitcoin ETFs recorded $299.9 million in net outflows on November 11. crypto.news
- 2BlackRock’s iShares Bitcoin Trust (IBIT) lost $269.73 million on November 11, representing nearly 90% of the day’s net outflows. crypto.news
- 3Morgan Stanley’s Bitcoin Trust (MSBT) attracted $8.96 million in net inflows on November 11. crypto.news
- 4Cumulative net outflows over the five trading sessions from November 5 to November 11 total roughly $1.44 billion. en.bloomingbit.io
- 5Bitcoin was trading near $73,573 on November 12, down about 8.3% over the prior week. crypto.news
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.