Bitcoin ETFs Lose $2.1B in November as Outflows Extend Seven Days

U.S. spot Bitcoin exchange‑traded funds (ETFs) shed $185.4 million on Friday, marking the seventh straight trading day of net outflows, according to Decrypt’s ETF tracker. The weekly outflow reached $829 million, and November’s cumulative net outflow now sits at roughly $2.1 billion as Bitcoin price slipped toward $64,500.

Weekly and Monthly Flow Summary

• The funds lost $829 million this week after a $1.3 billion outflow the prior week.
• Total November outflows total about $2.1 billion, with $1.4 billion bled over five sessions earlier in the month.
• Cumulative net inflows since the ETFs launched in January 2024 have fallen to $55.3 billion, and total net assets dropped below $100 billion to $94.9 billion.

Impact on Other Crypto ETFs

Ethereum ETFs broke a six‑day outflow streak with a modest $2.3 million inflow on Friday but still posted a $336 million weekly loss and $702 million loss for November. Solana ETFs shed $28 million this week, though they retain $1.6 billion in cumulative net inflows.

Market Context

Bitcoin traded near $64,500 over the weekend, down about 15 % on the week and more than 22 % over the past month, reflecting heightened Fed rate‑hike concerns. Ethereum fell 8.4 % to around $1,790 and Solana dropped 12 % to roughly $70. Total crypto market value slid 4.5 % to about $2.3 trillion.

Key facts

• Spot Bitcoin ETFs outflowed $185.4 million on Friday.
• November’s total net outflow for Bitcoin ETFs is about $2.1 billion.
• Total net assets of U.S. spot Bitcoin ETFs fell to $94.9 billion.
• Ethereum and Solana ETFs also posted weekly losses.
• Bitcoin price is near $64,500, down 15 % weekly.