Bitcoin ETFs Bleed $1.6 Billion in November While Stock Funds Soak Up the Dip Buyers

Money kept leaving US spot Bitcoin funds on Nov. 10, with $95 million going out and the monthly drain climbing to roughly $1.6 billion, based on Blockto figures.

The pace has slowed for a third straight session, but the trend has not turned. BlackRock’s IBIT lost $78 million, its eighth day in a row of withdrawals, bringing the streak to about $1.73 billion according to Farside Investors. Morgan Stanley’s MSBT pulled in $20 million, which was not enough to balance the exits. Ether funds saw a much smaller $1.32 million leave.

Investors Pour Into Stock ETFs Instead

While crypto products shrank, equity funds were the clear winners. Bloomberg analyst Eric Balchunas noted that US listed ETFs took in around $12 billion a day across five sessions, and every one of the 17 biggest inflow leaders held stocks. Vanguard’s VOO, Invesco’s QQQ and BlackRock’s IVV led the group, showing that buyers rushed into traditional markets during the pullback rather than into Bitcoin, which traded near $73,579.