US spot Bitcoin ETFs recorded more than $1 billion in withdrawals for the second consecutive week. Combined US crypto ETF outflows reached around $1.55 billion, and Avalanche ETFs were the only category among 15 tracked groups with net inflows.
Bitcoin ETFs lost approximately $1.07 billion between November 9 and November 13, according to SoSoValue data. Combined, US spot crypto ETFs recorded around $1.55 billion in net outflows during the week. Institutional demand for these products continued to weaken, with selling spread across most digital asset funds.
Bitcoin ETF outflows reach $2.35 billion in two weeks
Every session of the week brought net withdrawals from spot Bitcoin ETFs. The funds lost $201.1 million on Monday and $95 million on Tuesday. Outflows then reached $299.9 million on Wednesday, $284 million on Thursday and $185.5 million on Friday.
On Friday, BlackRock's IBIT accounted for $143.5 million of withdrawals, roughly 77% of the day's total. Fidelity's FBTC recorded another $41.9 million in outflows, while the remaining 10 funds reported no net flows. Bitcoin ETFs have now lost approximately $2.35 billion in November after just nine trading sessions, and their 2026 balance has reached around $1.98 billion in net outflows.
The withdrawals came as Bitcoin dropped below $69,000 on Friday, its lowest level since August 20. The cryptocurrency then extended its losses, trading near $65,650 on Saturday, according to The Block's price data.
Ether ETFs approach another outflow streak
Ethereum products also had a difficult week, recording approximately $398.9 million in net withdrawals. That marked the seventh consecutive negative week for US spot Ether ETFs, bringing cumulative outflows since late September to approximately $2.42 billion. The category has previously recorded two eight-week outflow streaks, so another negative week would bring it close to matching that record.
Friday offered a small improvement. The funds attracted approximately $2.4 million in net inflows, ending a six-session withdrawal streak worth $594.4 million.
Solana, XRP and Zcash funds lose capital
Most other crypto ETF categories also recorded weekly withdrawals. Spot Solana ETFs lost approximately $32.1 million, their sixth consecutive negative week and the longest streak since the funds launched in October 2025. Even so, Solana ETFs remain positive for 2026, with approximately $644.1 million in net inflows since launch.
Grayscale's ZCSH, currently the only US spot Zcash ETF, recorded $30.7 million in weekly withdrawals. XRP ETFs lost approximately $19.1 million, their largest weekly outflow since mid-March.
Bitcoin ETFs have recorded their largest monthly outflows since June, and the selling across other funds suggests the weakness is not limited to the two largest cryptocurrencies.
Source: Bitcoinist
Trading involves risk.
Risk Disclaimer
