$1 billion flowed out over three days; yesterday finally brought a little relief—but only one fund was buying.
U.S. spot $BTC ETFs saw net inflows of $20 million on November 10, ending a three-day outflow streak. About $1.04 billion flowed out over the three days of November 5, 6, and 9. Outflows totaled $1.28 billion for the week, the largest weekly outflow since late June.
However, the entire $20 million came from Morgan Stanley’s MSBT; the other 11 funds (including BlackRock’s IBIT, Fidelity’s FBTC, and Grayscale’s GBTC) saw no inflows or outflows that day. Yesterday put a pause to IBIT’s run of outflows over seven consecutive trading days, totaling $1.66 billion—but not a single dollar flowed back in.
My take: The $20 million figure itself isn’t worth much attention. What matters is the breakdown—one fund buying while eleven sit still suggests institutions as a whole haven’t turned around; selling pressure has merely eased for now. A real reversal signal isn’t a single day of positive flows, but whether a second or third fund follows suit over the next two days. As for prices, BTC is currently around $73,700, with an intraday low of about $72,700. The next thing to watch is whether it can hold around $72,700: holding would offer some breathing room, while a break below could mean looking for support near $71,000.
Data as of: 2026-11-11 05:00 UTC
For informational purposes only; this is not investment advice.
U.S. spot $BTC ETFs saw net inflows of $20 million on November 10, ending a three-day outflow streak. About $1.04 billion flowed out over the three days of November 5, 6, and 9. Outflows totaled $1.28 billion for the week, the largest weekly outflow since late June.
However, the entire $20 million came from Morgan Stanley’s MSBT; the other 11 funds (including BlackRock’s IBIT, Fidelity’s FBTC, and Grayscale’s GBTC) saw no inflows or outflows that day. Yesterday put a pause to IBIT’s run of outflows over seven consecutive trading days, totaling $1.66 billion—but not a single dollar flowed back in.
My take: The $20 million figure itself isn’t worth much attention. What matters is the breakdown—one fund buying while eleven sit still suggests institutions as a whole haven’t turned around; selling pressure has merely eased for now. A real reversal signal isn’t a single day of positive flows, but whether a second or third fund follows suit over the next two days. As for prices, BTC is currently around $73,700, with an intraday low of about $72,700. The next thing to watch is whether it can hold around $72,700: holding would offer some breathing room, while a break below could mean looking for support near $71,000.
Data as of: 2026-11-11 05:00 UTC
For informational purposes only; this is not investment advice.
