Investors pulled $213 million from BlackRock’s iShares Bitcoin Trust (IBIT) on Monday, marking the seventh consecutive day of outflows from the largest US spot bitcoin exchange-traded fund by asset size.
IBIT leads persistent outflows in Bitcoin ETFs
Since October 30, IBIT has experienced net redemptions totaling $1.66 billion. During this period, the heaviest single-day outflows occurred on November 2, when investors withdrew $405.3 million, followed by $403 million on November 6. The smallest daily outflow was $95 million on November 3.
Monday’s withdrawal from IBIT exceeded the collective net loss for the entire category of US spot Bitcoin ETFs, which saw outflows of $201.08 million as a group—the third straight day of net redemptions.
Among the 12 US spot bitcoin funds, only Morgan Stanley’s Bitcoin Trust drew new capital, with investors adding $22.06 million. ARK and 21Shares’ ARKB recorded outflows of $9.91 million, while Fidelity’s FBTC registered no net flows.
Across six consecutive sessions, US spot bitcoin ETFs lost approximately $1.48 billion in net terms. Despite the ongoing withdrawals, IBIT continues to lead the industry with net assets reported at $59.29 billion. By comparison, Fidelity’s FBTC holds $13.07 billion in net assets and Grayscale’s GBTC stands at $9.25 billion.
Trading volumes for the sector reached $1.73 billion, with IBIT accounting for the majority at $1.34 billion. The aggregate net assets among spot bitcoin ETFs totaled $94.43 billion, representing about 6.27% of bitcoin’s total market capitalization. Since their launch, the cumulative net inflows into US spot bitcoin ETFs have reached $55.50 billion.
| Fund | Net Assets | Monday Flows |
|---|---|---|
| BlackRock IBIT | $59.29 billion | -$213.2 million |
| Fidelity FBTC | $13.07 billion | $0 |
| Grayscale GBTC | $9.25 billion | Data not specified |
| Morgan Stanley MSBT | Data not specified | +$22.06 million |
| ARKB (ARK/21Shares) | Data not specified | -$9.91 million |
Mini dictionary: IBIT is BlackRock’s spot Bitcoin exchange-traded fund, providing direct exposure to Bitcoin through a regulated investment vehicle aimed primarily at institutional and retail investors in the United States.
Ether funds also see large outflows
The group of Bitcoin ETFs lost roughly 51% less capital on Monday than in the previous session, when $412 million exited the funds. Meanwhile, the Crypto Fear & Greed Index hovered at 32 on Tuesday, up from 29 on Monday and 26 the previous week, maintaining its position in the “Fear” zone.
US-listed Ether funds also saw heavy withdrawals, with outflows reaching about $185 million Monday. This marked the largest daily exit for Ether ETFs since October 6.
These outflows come even as market infrastructure evolves; Coinbase’s national trust bank charter took effect on November 6, allowing the company to custody digital assets for its clients under federal regulations, though continued selling pressure remained in the crypto sector.
Net withdrawals from US spot Bitcoin ETFs in 2026 have now reached approximately $1.1 billion. This contrasts with the same periods in 2024 and 2025, when net inflows amounted to roughly $25 billion by early November of each year.
Data from Cryptopolitan showed that the funds briefly interrupted the outflow pattern on November 4, when Fidelity’s FBTC registered $236.72 million in inflows, offsetting IBIT’s redemptions. However, a wave of selling led by US technology stocks reversed that momentum, undermining Bitcoin’s recent recovery.
Bitcoin price holds near peak despite ETF outflows
As of publication time, Bitcoin was changing hands at $74,294, showing a modest 0.2% gain over the previous 24 hours.
