Photo: Illustrative
BlackRock’s IBIT Posts Its Biggest Daily Outflow Since June as Bitcoin ETFs Start November in the Red
US spot Bitcoin ETFs began the month with about $398.6 million in net withdrawals on Monday, according to Blockto data. BlackRock's IBIT accounted for $405.3 million of that, its largest single day exit since June 26, when $444.5 million left the fund. Fidelity's FBTC took in $6.7 million, which softened the total only slightly.
US spot Bitcoin ETFs began the month with about $398.6 million in net withdrawals on Monday, according to Blockto data. BlackRock’s IBIT accounted for $405.3 million of that, its largest single day exit since June 26, when $444.5 million left the fund. Fidelity’s FBTC took in $6.7 million, which softened the total only slightly.
Year to Date ETF Flow Picture
The latest exits follow $515 million in net outflows during October. Across 2026 so far, the funds have lost around $38 million on a net basis, a sharp swing from the surplus they held earlier in the year.
Bitcoin Price Drops to Lowest Level Since August
Bitcoin briefly slid under $76,400 on Monday, its weakest point since August, based on CoinGecko data. It later traded near $76,600, down 3.7% across seven days. The selling came amid wider volatility after the $6.3 billion Binance hack.
Ether ETFs and Analyst View
US spot Ether ETFs lost roughly $140 million on Monday, stretching their losing run to six trading days.
Live market reaction
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.
Start trading
with BloFin today
Up to $500 sign-up bonus and zero-fee trading on your first 30 days.
Buy crypto nowYou will be redirected to BloFin
About the author
8+ years covering crypto markets, macro, and geopolitics. Previously at Decrypt and CoinDesk. Focused on the intersection of digital assets and traditional finance.
BitMine Adds 5,000 More ETH and Moves Within Reach of Owning 5% of Ethereum’s Supply
.jpeg&w=32&q=75){kind=small}
Laurisa · 
New Jersey Withdraws Its Staking Ban on Coinbase as Crypto Faces a Midterm Test
Laurisa · 
Australia Raises Interest Rates to an 18 Year High as AI Spending and Energy Costs Push Prices Up
Tristan R. ·