Bitcoin ETF Outflows Hit $1.28B This Week as IBIT Loses $1.21B

$1.28 billion. That is how much US spot Bitcoin ETFs lost from November 2 to 6, after Friday added another $411.9 million of Bitcoin ETF outflows. Four of the five days were red, and the first week of November already lost two and a half times what all of October did.

Few things changed this week, and they are worth taking in order:

1. BlackRock’s IBIT did almost all of it: $1.21 billion out, and six red sessions in a row. 2. Fidelity’s FBTC ended the week green, but only after swinging from a $236.7 million buy to a $199.9 million sale in two days. 3. Ethereum ETFs lost $365.2 million, a sixth losing week in a row. 4. BTC closed Friday at $75,844, its lowest close since September 15, and trades at $75,841 at the time of writing.

So is this one big holder leaving BlackRock, or the whole market stepping back? Farside’s Friday post has the latest day for every fund:

Farside Investors @FarsideUK

𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗘𝗧𝗙 𝗙𝗹𝗼𝘄 (𝗨𝗦$ 𝗺𝗶𝗹𝗹𝗶𝗼𝗻) – 2026-11-06

TOTAL NET FLOW: -411.9

IBIT: -403
FBTC: 42.8
BITB: -20.5
ARKB: -20.1
BTCO: 0
EZBC: 0
BRRR: 0
HODL: 0
BTCW: 0
MSBT: 0
GBTC: -11.1
BTC: 0

5:46 AM · Nov 7, 2026 View on X

How Bad Were Bitcoin ETF Outflows This Week?

Far worse than anything in October, and the Bitcoin ETF flows this week were red on four of five days. The $1,281.7 million out is more than three times October’s worst week, the $386.3 million that left from October 1 to 9, per Farside’s data. It is also the second red week in a row, after $202.4 million left from October 26 to 30.

Because November 2 was a Monday, the week is also the month so far: November stands $1.28 billion in the red after five sessions, while October ended at $515.9 million out.

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Is This an IBIT Problem or a Market Problem?

Mostly IBIT, with the rest of the market leaning the same way. BlackRock’s fund lost money on every day of the week, $1,209.5 million in total, or 94% of the group’s outflow. Add October 30 and it has six red sessions in a row worth $1.44 billion. The fund still holds about $65.1 billion of net inflows since launch, so this is a dent, not an exodus.

The other funds tell a mixed story. Over the five days:

• FBTC: +$93.1 million, all of it from Wednesday’s $236.7 million buy, most of which left again on Thursday.
• BITB +$16.6 million, Invesco’s BTCO +$4.0 million, Morgan Stanley’s MSBT +$3.3 million.
• GBTC: −$61.0 million, and Grayscale’s Bitcoin Mini Trust −$52.6 million, all on Tuesday.
• Franklin’s EZBC −$32.9 million, VanEck’s HODL −$23.6 million and ARK’s ARKB −$19.1 million, all late in the week.

Friday shows the split clearly. IBIT lost $403.0 million while FBTC took in $42.8 million; every other fund was flat or red. When one fund carries 98% of a day’s outflow, it usually points to a few large holders cutting back. That reading is a guess, though: ETF flows come without names attached.

What Moved Bitcoin ETF Flows This Week?

Stocks, rates and an election. Monday opened with a $405.3 million IBIT exit, and Tuesday stayed red into the midterms. Wednesday’s green day came with a rally to $80,504 after Democrats won both houses. Thursday reversed it when the Nasdaq 100 fell 6.4%, its worst day since March 2020, and ETF holders sold into the drop. Base Camp’s TheCryptoMonk summed up the afternoon in four words:

The Crypto Monk @thecryptomonk

WHAT
A
SELL
OFF

4:54 PM · Nov 5, 2026 View on X

SIDE TRAIL: Bitcoin ETF Outflows Hit $430M as FBTC Flips From Buyer to Seller

Friday added the jobs report. The US added 165,000 jobs in October against about 65,000 expected, the Bureau of Labor Statistics said, and Kalshi’s odds of a Fed rate hike on December 9 jumped to 78%. Higher rates make an asset with no yield, like Bitcoin, less attractive to hold, and the big holders who react to that tend to sit in IBIT. That day it lost another $403.0 million.

Ethereum ETF Outflows: Six Weeks in a Row

Ethereum ETF outflows came to $93.3 million on Friday and $365.2 million for the week, per Farside, their sixth losing week in a row. Wednesday’s $53.0 million inflow was the only green day, and it ended a seven-day losing run before Thursday started a new one.

BlackRock’s ETHA lost $345.9 million of the $365.2 million, about 95%. On Friday it lost $90.8 million, while its staked Ethereum fund ETHB took in $1.1 million and Fidelity’s FETH and Grayscale’s mini fund lost $1.7 million and $1.9 million.

Farside Investors @FarsideUK

𝗘𝘁𝗵𝗲𝗿𝗲𝘂𝗺 𝗘𝗧𝗙 𝗙𝗹𝗼𝘄 (𝗨𝗦$ 𝗺𝗶𝗹𝗹𝗶𝗼𝗻) – 2026-11-06

TOTAL NET FLOW: -93.3

ETHA: -90.8
ETHB: 1.1
FETH: -1.7
ETHW: 0
TETH: 0
ETHV: 0
QETH: 0
EZET: 0
MSSE: 0
ETHE: 0
ETH: -1.9

5:45 AM · Nov 7, 2026 View on X

The price held up better than the flows. ETH closed Friday at $2,239, only 1.6% below where it started the week, and trades at $2,244 at the time of writing, about 4% above its 200-day moving average at $2,157 and well below the 50-day at $2,493.

Bitcoin Price Analysis: Can BTC Hold $74,968?

Only just. The BTC price dipped to $74,888 on Friday under the September 15 swing low at $74,968, then the day closed back above it at $75,844. Fear & Greed reads 25, extreme fear.

• Resistance: $76,264, the support that broke on Thursday and now sits overhead, then $81,479, the late-October swing high, with the 50-day moving average at $81,951.
• Support: $74,968. A daily close under it would be the first since mid-September.
• Below that: the 200-day moving average, the average close of the last 200 days, at $73,241, about 3.4% under the price.

What would confirm the slide is simple: a close under $74,968 while Bitcoin ETF outflows keep coming from IBIT. What would cancel it is a daily close back above $76,264 with a green flow day behind it. Neither happened on Friday, so for now BTC sits between the two with the funds still selling.

TRAIL MAP: Support and Resistance in Plain English: Floors, Ceilings and Why They Work

IBIT’s run is now six sessions long. Monday’s Bitcoin ETF flows, out after the US close at 21:00 UTC (4:00 p.m. in New York), decide whether it reaches seven.

Written by

TANG

TANG has been trading crypto since 2017. The focus is technicals, DeFi and onchain data. On the chart, that means high-timeframe support, moving averages and momentum divergences. Onchain, it means regular checkups on where the data puts the cycle. TANG once ran CryptoJungle, a free community for researching and trading together, and brings that same spirit to Base Camp as one of its co-founders.

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