Bitcoin ETFs Lose $2.1 Billion in November as Outflow Streak Hits Seven Days
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U.S. spot Bitcoin ETFs shed $185.4 million on Friday, extending their outflow streak to seven straight trading days and pushing November losses to roughly $2.1 billion, Decrypt reported. The funds lost about $829 million for the week after shedding nearly $1.3 billion the week before, as Bitcoin traded near $64,500 over the weekend, down about 15% on the week.
Outflows track a sharp market sell-off
The selling has been relentless this month. Bitcoin ETFs bled $1.4 billion over five sessions earlier in the streak as investors cut risk. Cumulative net inflows since the funds launched in January 2024 have slipped to $55.3 billion, and total net assets fell to $94.9 billion, below the $100 billion mark they held through much of October.
Bitcoin hit a 12-week low this week as fears of further Federal Reserve rate hikes erased its summer rally. Concentrated liquidations pushed the price below $69,000 earlier in the week. Ethereum fell 8.4% to about $1,790, and Solana dropped 12% to roughly $70. Total crypto market value slid 4.5% to about $2.3 trillion.
Other crypto funds have not escaped the rout. Ethereum ETFs took in a modest $2.3 million on Friday, snapping a six-day outflow streak, but still lost about $336 million on the week and roughly $702 million so far in November. Solana ETFs shed about $28 million this week, though they retain $1.6 billion in cumulative net inflows.
PANews reported that Ethereum spot ETFs recorded a total net outflow of $70.5735 million on November 12 (U.S. Eastern Time), with BlackRock’s ETHA seeing the largest single-day net outflow at $62.0118 million and a cumulative historical net inflow of $11.212 billion. The 21Shares ETF TETH saw a single-day net inflow of $1.2082 million, bringing its cumulative net inflow to $24.2839 million, followed by the Invesco ETF QETH with $0.4004 million and cumulative net inflow of $22.4853 million. As of press time, the total net asset value of Ethereum spot ETFs was $11.226 billion, with a net asset ratio of 4.55% and cumulative historical net inflow of $11.521 billion.
Why it matters
Spot crypto ETFs hold the underlying asset and trade on stock exchanges like ordinary shares, giving investors exposure through a regular brokerage account. Because issuers report flows daily and much of the money comes from institutions and financial advisers, the figures have become a closely watched gauge of investor sentiment. The sustained outflows signal that institutional investors are reducing risk exposure amid rising rate fears, which could pressure crypto prices further and dampen enthusiasm for new ETF products.
What to watch
Investors will monitor whether the outflow streak continues into next week and whether Bitcoin can hold above the $64,000 level. The Federal Reserve’s next policy signals and any shift in rate expectations will be key drivers for crypto ETF flows.
Frequently Asked Questions
How much have Bitcoin ETFs lost in November 2026?
U.S. spot Bitcoin ETFs have seen approximately $2.1 billion in net outflows so far in November, including about $829 million in the most recent week, per Decrypt.
Which crypto ETFs also saw outflows?
Ethereum ETFs lost about $336 million on the week and roughly $702 million in November, while Solana ETFs shed about $28 million this week, according to Decrypt.
What is driving the Bitcoin ETF sell-off?
The outflows have tracked a sharp Bitcoin price decline, with the cryptocurrency falling more than 22% over the past month amid fears of further Federal Reserve rate hikes.
How did Ethereum ETFs perform on November 12?
Ethereum spot ETFs recorded a total net outflow of $70.5735 million on November 12, with BlackRock’s ETHA seeing the largest single-day outflow of $62.0118 million, according to PANews.
