Key Takeaways
- • U.S. spot Bitcoin ETFs recorded $1.07 billion in net outflows in the week ending November 13, 2026, their second consecutive week of withdrawals above $1 billion, pushing the two-week total to $2.35 billion according to SoSoValue data.
- • The two-week outflow is the largest since the fortnight ending June 5, when investors withdrew $3.14 billion.
- • BlackRock's iShares Bitcoin Trust (IBIT) accounted for $143.5 million, roughly 77%, of Friday's $185.5 million net Bitcoin ETF outflow, and lost $269.7 million on November 11.
- • Across U.S. spot crypto funds, approximately $1.55 billion left during the week, with Bitcoin products taking nearly 69% and Ethereum funds losing $398.9 million.
- • Bitcoin ETFs have recorded net withdrawals on every trading day from November 9 to November 13, and the seven-session redemption streak is the longest since June 17 to July 1.
Summary
U.S. spot Bitcoin exchange-traded funds recorded $1.07 billion in net outflows during the week ending November 13, 2026, according to SoSoValue data. It was the second consecutive week of withdrawals exceeding $1 billion, bringing the two-week total to $2.35 billion, the largest since the fortnight ending June 5, when investors withdrew $3.14 billion. The selling coincided with further weakness in Bitcoin prices, which fell below $69,000 on Friday and traded around $65,650 by Saturday.
Outflows extended across the crypto ETF market. Approximately $1.55 billion left U.S. spot crypto funds during the week, with Bitcoin products accounting for nearly 69% and Ethereum funds losing another $398.9 million. Of the 15 asset categories SoSoValue tracks, 10 recorded net withdrawals, four reported no flows, and Avalanche was the only category to attract new capital, with roughly $227,000.
Bitcoin ETFs recorded net withdrawals on every trading day between November 9 and November 13, with daily outflows of $201.1 million on Monday, $95 million on Tuesday, $299.9 million on Wednesday, $284 million on Thursday and $185.5 million on Friday. Friday marked the seventh consecutive session of redemptions, bringing cumulative withdrawals since November 5 to about $1.91 billion. November's net outflows reached approximately $2.35 billion after nine trading sessions, already exceeding the previous month and making November the weakest month since June, when the funds lost $4.51 billion. Year-to-date net flows for 2026 stood at roughly negative $1.98 billion.
BlackRock's IBIT has been a major source of the redemptions. It accounted for $143.5 million of Friday's outflow and $269.7 million on November 11, roughly 90% of that day's net Bitcoin ETF outflow. Fidelity's Wise Origin Bitcoin Fund (FBTC) recorded another $41.9 million in withdrawals on Friday, while the remaining tracked funds reported no net flows. IBIT's Bitcoin holdings were valued at approximately $53.99 billion, compared with $64.19 billion in cumulative net subscriptions since launch. Because the largest funds can dominate aggregate figures, the concentration means IBIT flows exert outsized influence on industry-wide data.
Ethereum ETFs lost $398.9 million during the week, extending their negative weekly streak to seven, and have shed approximately $2.42 billion since late September, approaching a previous record of eight consecutive weeks of outflows. Ethereum ETF net assets fell 15.5% during the week to $10.85 billion, reflecting both flows and market valuations. Solana ETFs lost $32.1 million, extending their weekly outflow streak to six. Flow data measure net creations and redemptions rather than price-driven asset changes, and the figures do not establish why investors are exiting, whether through rebalancing, liquidity needs, hedging or shifting risk appetite.
Outflows extended across the crypto ETF market. Approximately $1.55 billion left U.S. spot crypto funds during the week, with Bitcoin products accounting for nearly 69% and Ethereum funds losing another $398.9 million. Of the 15 asset categories SoSoValue tracks, 10 recorded net withdrawals, four reported no flows, and Avalanche was the only category to attract new capital, with roughly $227,000.
Bitcoin ETFs recorded net withdrawals on every trading day between November 9 and November 13, with daily outflows of $201.1 million on Monday, $95 million on Tuesday, $299.9 million on Wednesday, $284 million on Thursday and $185.5 million on Friday. Friday marked the seventh consecutive session of redemptions, bringing cumulative withdrawals since November 5 to about $1.91 billion. November's net outflows reached approximately $2.35 billion after nine trading sessions, already exceeding the previous month and making November the weakest month since June, when the funds lost $4.51 billion. Year-to-date net flows for 2026 stood at roughly negative $1.98 billion.
BlackRock's IBIT has been a major source of the redemptions. It accounted for $143.5 million of Friday's outflow and $269.7 million on November 11, roughly 90% of that day's net Bitcoin ETF outflow. Fidelity's Wise Origin Bitcoin Fund (FBTC) recorded another $41.9 million in withdrawals on Friday, while the remaining tracked funds reported no net flows. IBIT's Bitcoin holdings were valued at approximately $53.99 billion, compared with $64.19 billion in cumulative net subscriptions since launch. Because the largest funds can dominate aggregate figures, the concentration means IBIT flows exert outsized influence on industry-wide data.
Ethereum ETFs lost $398.9 million during the week, extending their negative weekly streak to seven, and have shed approximately $2.42 billion since late September, approaching a previous record of eight consecutive weeks of outflows. Ethereum ETF net assets fell 15.5% during the week to $10.85 billion, reflecting both flows and market valuations. Solana ETFs lost $32.1 million, extending their weekly outflow streak to six. Flow data measure net creations and redemptions rather than price-driven asset changes, and the figures do not establish why investors are exiting, whether through rebalancing, liquidity needs, hedging or shifting risk appetite.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.