Key Takeaways
- • BlackRock's IBIT recorded approximately $1.44 billion in outflows over six consecutive trading sessions, according to figures shared by Coin Bureau.
- • U.S. spot Bitcoin ETFs posted $1.92 billion in net outflows between October 30 and November 6, 2026.
- • IBIT accounted for $403 million of the $411.9 million withdrawn from the entire U.S. spot Bitcoin ETF market on Friday, nearly all of that day's net redemptions.
- • Fidelity's FBTC was the only fund in the reported period with positive flows, adding $42.8 million.
- • The data show net fund activity only; they do not identify who is selling or confirm how much Bitcoin was actually sold.
Summary
BlackRock's iShares Bitcoin Trust (IBIT) lost approximately $1.44 billion in investor withdrawals over six consecutive trading days, contributing to $1.92 billion in net outflows across U.S. spot Bitcoin exchange-traded funds between October 30 and November 6, 2026, according to figures shared by Coin Bureau and reported by Hokanews.
IBIT accounted for the largest share of the reported redemptions. On Friday alone, the fund recorded $403 million in net outflows out of $411.9 million withdrawn from the entire U.S. spot Bitcoin ETF market, meaning BlackRock's product represented nearly all of that day's net withdrawals. The remaining funds collectively accounted for a much smaller portion of the total.
Fidelity's FBTC was the only fund identified as recording positive flows during the period, adding $42.8 million. That inflow contrasted with the broader withdrawal trend, though the combined figures remained firmly negative.
Coin Bureau characterized the six-day redemption streak as a sign of weaker investor confidence and suggested institutions may be reducing Bitcoin exposure. The reporting notes, however, that ETF flow data does not identify the investors behind the sales, so whether institutional, retail or other participants are responsible cannot be established from these figures. Redemptions could translate into spot Bitcoin selling, but the reported flows do not confirm the amount of Bitcoin sold or the direct market impact.
IBIT accounted for the largest share of the reported redemptions. On Friday alone, the fund recorded $403 million in net outflows out of $411.9 million withdrawn from the entire U.S. spot Bitcoin ETF market, meaning BlackRock's product represented nearly all of that day's net withdrawals. The remaining funds collectively accounted for a much smaller portion of the total.
Fidelity's FBTC was the only fund identified as recording positive flows during the period, adding $42.8 million. That inflow contrasted with the broader withdrawal trend, though the combined figures remained firmly negative.
Coin Bureau characterized the six-day redemption streak as a sign of weaker investor confidence and suggested institutions may be reducing Bitcoin exposure. The reporting notes, however, that ETF flow data does not identify the investors behind the sales, so whether institutional, retail or other participants are responsible cannot be established from these figures. Redemptions could translate into spot Bitcoin selling, but the reported flows do not confirm the amount of Bitcoin sold or the direct market impact.
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