Outflows from spot Bitcoin ETF reached $1.28 billion

Spot Bitcoin ETF in the US lost $1.28 billion over the week of November 2–6, 2026. The biggest blow hit IBIT, which alone lost $1.21 billion. This also affected Ethereum ETF.

Over the same period, they lost $365.28 million. Among altcoin funds, only HBAR ETF ended in the green, adding $3.01 million. For traders, it was a nervous week.

Why does this outflow matter right now?

The week was sharp. Over five trading sessions, outflows from Bitcoin ETF were recorded four times. The only day with inflows was November 4, when the funds added $74.57 million.

The worst day was November 5. Then investors withdrew $430.2 million. Another $411.92 million left on November 6. This no longer looks like a random glitch. It looks like a shift in the mood of big money.

For the market, this is also important because ETF have become the main entry channel into Bitcoin for some investors in the US. When such a volume of outflows goes through them, it quickly puts pressure on the price. That is why this week was noticed not only by traders, but also by long-term holders.

What exactly did the numbers show for Bitcoin and Ethereum?

In the Bitcoin segment, the picture was sharp. On November 2, the funds lost $398.62 million, on November 3 another $115.56 million, and on November 5 and 6 the outflows accelerated to $430.2 million and $411.92 million.

Among individual funds, iShares Bitcoin Trust was hit the hardest. Its weekly outflow totaled $1.21 billion. At the same time, several funds managed to stay in the green. Fidelity Wise Origin Bitcoin Fund added $93.12 million, Bitwise Bitcoin ETF received $16.58 million, while Invesco Galaxy Bitcoin ETF and Morgan Stanley Bitcoin Trust attracted $3.98 million and $3.34 million.

Ethereum ETF also could not withstand the pressure. Over the week, they lost $365.28 million. The biggest losses again came at BlackRock, where iShares Ethereum Trust was down $345.96 million. The only notable positive was Fidelity Ethereum Fund with an inflow of $15.34 million.

According to SoSoValue, the negative trend lasted for almost the entire week. And this is no longer a local move by one fund, but a broader reassessment of risk.

For context: according to The Block, this period became the 7th-largest weekly outflow for spot BTC ETF in the US since launch in January 2024. Only June 22–26, 2026 was worse, when the funds lost $1.79 billion.

Market reaction

After this week, 12 US spot BTC ETF moved into the red for 2026. The combined result became -$914.1 million since the start of the year. At the beginning of the week, they still had about +$368 million in net inflows.

Assets also declined. According to The Block, the combined assets of BTC ETF fell by 2.3% to $95.9 billion. That is about 6.3% of Bitcoin's market cap. The largest fund, IBIT, still had $60.3 billion in net assets, but it was the main source of the weekly outflow.

The backdrop for this move was also weak. On November 5, Bitcoin fell 5.6%, Ethereum dropped 7.8%, and GMCI 30 declined 6.4%. According to the same report, the Nasdaq Composite lost 5.5%, the S&P 500 fell 4.4%, and more than $1 billion in leveraged positions were liquidated within 24 hours. The market simply could not withstand the pressure.

• US BTC ETF lost $1.28 billion over November 2–6.

• IBIT lost $1.21 billion.

• Ethereum ETF lost $365.28 million.

• HBAR ETF were the only altcoin funds in the green, +$3.01 million.

• BTC ETF ended the week with $95.9 billion in assets.

What does this mean for investors?

For short-term traders, the signal is simple. When ETF pull money out massively on four out of five days, the market often gets additional selling pressure. That does not guarantee a new drop every day, but it explains why rebounds may be weak.

For those who hold Bitcoin for the long term, something else matters more. ETF remain a major source of demand. But right now, that channel has cooled. If outflows continue for a few more weeks, the market could see a new wave of caution even without sharp news.

There is another nuance. Ethereum ETF have already ended in the red for the sixth week in a row, and since the end of September investors have withdrawn about $2.02 billion from them. In other words, weakness is not limited to Bitcoin alone. It has affected several segments at once.

Against this backdrop, altcoin ETF look even more fragile. Solana funds lost $26.25 million, Hyperliquid ETF lost $15.62 million, and ZEC ETF lost $13 million. This shows that investors are cutting risk across almost the entire crypto sector right now.

Frequently asked questions

Why is outflow from Bitcoin ETF important for BTC price?

Because ETF are directly tied to real demand for Bitcoin. When funds lose $1.28 billion in a week, it means some investors are exiting positions. That pressure is often visible in the spot price as well.

Why did IBIT show the largest outflow?

IBIT was the largest fund in the segment, so it handles the biggest flow of money. Over the week, it lost $1.21 billion, which made it the main source of the negative result.

Was anyone in the green among altcoin ETF?

Yes, but only HBAR ETF. They attracted $3.01 million. The rest of the funds based on other cryptocurrencies mostly ended the week with outflows.

After such a week, the market will closely watch new ETF data and BTC behavior around current levels. Those who want to take advantage of the situation can quickly sell Bitcoin on Monobank without unnecessary complications.

This material is not financial advice. Cryptocurrency trading involves significant risks. Part of this text was prepared with the help of artificial intelligence based on public sources and reviewed by our editorial team.