Bitcoin ETF outflows reach about $1.6 billion so far in November as the daily pace slows, data shows

US spot Bitcoin exchange-traded funds (ETFs) had net outflows of $95 million on Tuesday, November 10, 2026, taking net outflows since the start of November to about $1.6 billion, Cointelegraph reported on November 11, citing data from SoSoValue. The daily figure was the smallest in four trading sessions, according to CryptoQuant figures cited in the same report.

What the Bitcoin ETF outflow data shows

A spot Bitcoin ETF holds Bitcoin and issues shares that trade on a stock exchange. When more shares are redeemed than created, money leaves the fund; that difference is the net outflow.

According to the CryptoQuant figures cited by Cointelegraph, the funds as a group had net outflows of $430 million on Thursday, November 5, $412 million on Friday, $201 million on Monday and $95 million on Tuesday. Not every fund had outflows on Tuesday: Morgan Stanley's Bitcoin fund (MSBT) took in a net $20 million, the report said.

BlackRock's iShares Bitcoin Trust (IBIT) had $78 million of net outflows on November 10, its eighth session of outflows in a row, according to Farside Investors data cited by Cointelegraph. Over that streak the fund's outflows add up to about $1.73 billion, the report said.

The figures come from data providers that compile fund flows. The TFTC flow tracker shows the same daily totals for November 5 to 10 and the same IBIT and MSBT figures for November 10. We did not check them against the fund issuers' own disclosures.

Why it matters

ETF flows are one of the few daily, public measures of demand for Bitcoin from investors who use brokerage accounts. The outflows accompanied a price slide in which Bitcoin fell to its lowest level since August on November 8, according to CoinGecko data. They have continued through a week that included the October inflation report. Bitcoin traded at about $74,200 at 17:02 UTC on November 11, according to CoinGecko.

Outflows from the funds do not mean every large holder is selling. Strategy, which held 850,364 Bitcoin as of November 8, bought 1,036 Bitcoin from November 2 to 8, its SEC filing shows.

What it could mean for traders

In our assessment, the direction of the daily numbers matters more than any single day: three sessions of shrinking outflows suggest selling pressure from ETF investors is easing, but they are still outflows, and a streak of eight sessions at BlackRock's fund is long. One day of net inflows would not by itself show that demand has returned. Flow data is also published after the trading day and can be revised.