Bitcoin ETF Outflows Top $2.35B as IBIT Streak Hits 11

Bitcoin ETF outflows totaled $2.347 billion across U.S. spot funds from November 2 through November 13, while BlackRock’s IBIT extended its run of daily withdrawals to 11 trading sessions. The two-week retreat comes as Bitcoin has weakened and annual ETF flows have turned sharply negative.

• Farside Investors’ daily totals show $2.347 billion in net outflows from U.S. spot Bitcoin ETFs over November 2-13.
• BlackRock’s IBIT registered withdrawals in each session from October 30 through November 13, totaling about $2.352 billion, according to Farside data.
• The only positive-flow day in the two-week period was November 4, when funds took in $74.6 million.
• On November 13, the latest completed ETF session, funds lost $185.4 million. IBIT accounted for $143.5 million and Fidelity’s FBTC for $41.9 million, Cointelegraph reported.
• Bitcoin was priced at $67,204 at 08:13 UTC on November 14, down 2.2% over 24 hours and 11.66% over seven days, according to CoinGecko data.

Timeline of Bitcoin ETF outflows

1. October 29: U.S. spot Bitcoin ETFs were about $1.01 billion positive for the year, according to CoinDesk’s November 13 report.
2. October 30: A $643.3 million fund outflow cut that year-to-date surplus sharply. IBIT’s 11-session losing streak also began on this date, Farside’s daily figures show.
3. November 2-6: Funds recorded $1.28 billion in weekly net outflows, their worst week since late June, The Block reported. IBIT alone shed $403 million on November 6.
4. November 4: The period’s lone positive day brought in $74.6 million across the funds, according to Farside.
5. November 13-14: ETF outflows reached $185.4 million on Friday. CoinDesk reported Bitcoin fell below $70,000 that day, its lowest level since August. At 08:13 UTC on November 14, CoinGecko put Bitcoin at $67,204.

Background: a sharp reversal in fund flows

The two-week total is slightly larger than the outflow tally for IBIT alone over its longer 11-session streak. Those figures cover different windows: Farside’s $2.347 billion total measures all U.S. spot Bitcoin ETFs from November 2-13, while IBIT’s approximately $2.352 billion covers October 30-November 13. They shouldn’t be treated as directly comparable measures of the same period.

The change in the annual picture has also been quick. CoinDesk reported that U.S. spot funds had $1.56 billion in year-to-date net outflows as of November 13. That is a reversal from about $1.01 billion in net inflows on October 29. The outflows contrast with reported net inflows of $21.37 billion in 2025 and $35.24 billion in 2024, CoinDesk said.

Fund-flow data can show a change in demand for ETF shares, but it doesn’t explain why investors are redeeming or prove that every redemption represents a change in conviction about Bitcoin.

Reactions and market context

BlackRock’s fund has been the main source of pressure in recent sessions, although the flow story isn’t uniform across issuers. The Block’s November 10 analysis said IBIT had lost about $800 million in the prior week, while Fidelity’s FBTC and Bitwise’s BITB attracted inflows during that week. That split suggests investors were not withdrawing from every product at the same pace.

StoneX analyst Fawad Razaqzada linked pressure on Bitcoin to two factors: the Democratic midterm sweep, which he said clouded prospects for the CLARITY Act, and hotter-than-expected U.S. inflation, which revived concern about Federal Reserve rate hikes. Razaqzada said higher rate expectations can weigh on assets that do not generate a yield. Those are analyst explanations, not proof that either factor caused the ETF redemptions.

The broader market was weak on November 14. CoinGecko data at 08:13 UTC put Ethereum at $1,900.60, down 1.78% over 24 hours, while Solana was $75.31, down 5.67%. The Crypto Fear & Greed Index stood at 13, classified as Extreme Fear, on November 14, according to Alternative.me. These measures describe the backdrop, but they do not establish what will happen next.

Outlook: what to watch next

The next useful signal is whether daily redemptions continue across the wider group or remain concentrated in IBIT. A return of positive days would change the short-term flow picture, but a single session would not erase the accumulated withdrawals. Investors and analysts will also be watching Bitcoin’s price alongside the next reported ETF totals, rather than treating either measure alone as a complete explanation.

Policy and inflation expectations remain part of the discussion raised by StoneX, while fund data will show whether demand stabilizes. The figures do not predict a price floor or establish that a recovery will follow. At 08:13 UTC on November 14, Bitcoin was down 11.66% over seven days, according to CoinGecko.

FAQ

How much did bitcoin ETF outflows reach from November 2 to 13?

U.S. spot Bitcoin ETFs recorded $2.347 billion in net outflows over that period, based on Farside Investors’ daily totals. November 4 was the only day with net inflows, at $74.6 million.

How long has BlackRock’s IBIT recorded outflows?

IBIT had outflows in 11 consecutive U.S. trading sessions from October 30 through November 13. Farside’s daily figures for those sessions add up to approximately $2.352 billion in net outflows.

Do ETF outflows mean Bitcoin’s price will keep falling?

No. Outflows describe net fund activity over a stated period; they don’t establish what caused the activity or determine future prices. Bitcoin prices can move for many reasons and can fall sharply.

Sources

• Bitcoin ETFs shed $2.35B in 2 weeks, BlackRock’s losing streak hits 11 (Cointelegraph)
• Bitcoin ETF Flow (US$m), Farside Investors (farside.co.uk)
• Bitcoin ETFs are now down over $1.5 billion in net outflows for the year (www.coindesk.com)

This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrencies are highly volatile; always do your own research before investing.

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