# US Spot Bitcoin ETFs Record Five-Day Outflow Streak Totalling $1.44 Billion *Crypto · Crypto Desk · Published 2026-11-12T17:21:23Z* Canonical: https://amk.news/article/us-spot-bitcoin-etfs-record-five-day-outflow-streak-totalling-1-44-billion > US spot Bitcoin exchange-traded funds have experienced five consecutive days of net redemptions, losing $1.44 billion through November 11. The selling pressure has been largely driven by outflows from BlackRock’s IBIT amid broader financial market volatility. ## Key points - United States-based spot Bitcoin exchange-traded funds recorded a net outflow totaling $1.44 billion over a five-day period ending November 11, 2026. - BlackRock’s iShares Bitcoin Trust accounted for roughly $1.77 billion of the total $1.88 billion in negative fund flows recorded throughout November. - Morgan Stanley’s Bitcoin Trust stood out as a rare exception by securing approximately $9 million in new capital during the same period of market consolidation. - Grayscale’s Bitcoin Trust experienced recurring redemptions, with $39.1 million leaving the fund during the Wednesday trading session alone. Investors pulled a net $1.44 billion from United States-based spot Bitcoin exchange-traded funds over a five-day period ending November 11, 2026, as broader market instability prompted a move away from high-risk assets. On Wednesday alone, these investment vehicles saw net outflows of approximately $299.8 million, with BlackRock’s iShares Bitcoin Trust (IBIT) accounting for the vast majority of the capital exodus. This sustained wave of redemptions follows a turbulent week for global markets, characterized by a cooling appetite for digital assets and significant fluctuations in equity valuations. ## How have institutional flows shifted for Bitcoin ETFs? The recent streak of net outflows represents a stark reversal from the strong adoption seen throughout much of the year. According to data provided by SoSoValue, November has proven to be a difficult month for the sector, with money leaving the funds on seven of the eight trading sessions recorded so far. While November 4 briefly bucked the trend with a modest inflow of $74.6 million, the subsequent five days have seen continuous negative pressure. BlackRock’s IBIT has been the primary contributor to this trend, accounting for roughly $1.77 billion of the $1.88 billion in total November outflows, representing approximately 94% of the volume. Other participants, such as Grayscale’s Bitcoin Trust (GBTC), have also seen recurring redemptions, with $39.1 million leaving the fund on the most recent Wednesday session alone. Conversely, Morgan Stanley’s Bitcoin Trust (MSBT) stood out as a rare exception, securing roughly $9 million in new capital during the same period, signaling that not all institutional interest has evaporated during this period of market consolidation. _Watch: Bitcoin Slips as ETF Outflows Top $1.4 Billion | Midday Market Update — Crypto News _ ## What broader market factors are influencing this selling pressure? The decline in demand for Bitcoin-linked investment products appears to be deeply intertwined with wider economic uncertainty and shifting investor sentiment toward risk. As the Federal Reserve’s future interest rate path remains a primary concern for market participants, a stronger-than-expected October inflation report has led traders to increase their expectations for a potential rate hike in December. According to reports cited via Yahoo Finance, the probability of such an increase has risen to approximately 97% on prediction platforms like Polymarket. Furthermore, the volatility in the technology sector, particularly regarding companies like Nvidia, has negatively impacted the broader Nasdaq 100, which often moves in tandem with Bitcoin. Since Bitcoin ETFs are frequently held by investors who also maintain significant exposure to growth-oriented tech stocks, the liquidation occurring in equity markets has naturally spilled over into digital currency holdings. This sentiment shift is also reflected in the Bitcoin Fear and Greed Index, which has transitioned from a state of greed to one of distinct fear, as noted by various market observers. > The current five-session run of redemptions, which total approximately $1.44 billion, serves as a clear indicator that the marginal institutional buyer has stepped back from the market in the face of persistent volatility. ## How do current outflows compare to historical fund performance? While the recent figures are substantial, they do not constitute a record-breaking period for the industry. Historical data from earlier in 2026 shows that both the aggregate group of ETFs and BlackRock’s flagship IBIT fund previously endured a 13-day stretch without a single day of inflows between May 15 and June 3. Despite the intensity of the current sell-off, which includes the two largest single-day outflows for IBIT this year—$405.3 million on November 2 and $403 million on November 6—the total assets under management remain significant, sitting at approximately $93.7 billion across the industry. Since their inception in January 2024, these funds have successfully accumulated roughly $55.1 billion in cumulative net inflows, underscoring the long-term institutional appetite that preceded this current period of contraction. The funds currently hold approximately 1.25 million BTC, maintaining a strong base of assets despite the recent flurry of redemptions. ## What is still unclear regarding the future of these fund flows? A primary point of contention remains the outlook for institutional demand and whether this period represents a structural shift or a temporary pause in market engagement. While some analysts, such as on-chain researcher Willy Woo, suggest that fear alone does not equate to a long-term bear cycle—arguing instead that such sentiment may provide buying opportunities—other data providers like Santiment highlight that bearish commentary on platforms currently outweighs bullish sentiment for major assets like Bitcoin, Ethereum, and XRP. It is also uncertain how long the current outflow streak will persist, as outlets disagree on the exact trajectory of these flows moving forward. Furthermore, while companies like BlackRock have historically attributed some of their asset growth to investors moving away from self-custody over security concerns, it remains unconfirmed if those same security fears are now driving the current wave of redemptions or if the moves are purely profit-taking or risk-mitigation. As of now, no concrete timeline for a reversal in these trends has been established, and the industry awaits further clarity on macroeconomic conditions to determine if the next phase of institutional participation will emerge in the coming weeks. **Sources:** This report draws on coverage by [Crypto Briefing](https://cryptobriefing.com/bitcoin-etfs-outflows-five-days-risk/), [bloomingbit](https://en.bloomingbit.io/feed/news/124259), [Bitcoin Magazine](https://bitcoinmagazine.com/markets/blackrock-ibit-nine-days-outflows), [Coinpedia](https://coinpedia.org/news/bitcoin-etf-outflows-hit-1-44b-as-blackrocks-ibit-faces-heavy-selling/), [Crypto News](https://crypto.news/blackrock-leads-300-million-bitcoin-etf-outflows-as-btc-struggles-near-73k/), [Decrypt](https://decrypt.co/383122/bitcoin-etfs-bleed-1-4b-in-five-days-as-investors-cut-risk), [Cointelegraph](https://cointelegraph.com/markets/blackrock-bitcoin-etf-ibit-outflows-nine-day-streak), [Cryptonews](https://cryptonews.com/news/bitcoin-etf-outflow-crypto-bull-trap/). The wording is our own. ### Market Snapshot AssetPrice24hMarket Cap Bitcoin BTC$71,652-3.78%$1441.2B Ethereum ETH$2,004-4.07%$245.0B BNB BNB$654.04-4.85%$86.0B XRP XRP$1.02-4.99%$64.9B Solana SOL$81.1-4.93%$48.0B Dogecoin DOGE$0.0656-5.33%$10.3B Cardano ADA$0.170-5.36%$6.4BLive data: CoinGecko — 2026-11-12 17:20 UTC --- Source: AMK News (https://amk.news). Reuse requires attribution and a link to the canonical URL.