News
Bitcoin ETFs Experience $1.44 Billion in Outflows
US spot Bitcoin exchange-traded funds (ETFs) experienced five consecutive days of net outflows, totaling $1.44 billion. BlackRock's iShares Bitcoin Trust (IBIT) led the redemptions, with withdrawals of over $1.2 billion in the week leading up to November 11, 2026. The outflows coincided with a broader sell-off in the Nasdaq and reflected a lack of new buying demand, despite the funds having taken in $55.1 billion in total net inflows since their launch in January 2024. The outflows occurred during a period of market uncertainty following the US midterm elections and concerns in the tech sector.