US spot Bitcoin ETFs recorded $2.35 billion in net outflows over two consecutive weeks, according to Farside Investors data. They lost $1.07 billion from Nov. 9 to Nov. 13, after $1.28 billion the previous week. The withdrawals coincided with broader market weakness; Bitcoin fell below $70,000, but the source does not establish a cause.
BlackRock’s IBIT recorded $143.5 million in net outflows in the latest reported session, extending its withdrawal streak to 11 trading sessions since Oct. 30. Its net outflows over that streak totaled about $2.35 billion. IBIT lost $908.4 million in the latest week, following about $1.21 billion the week before.
