IBIT's -$405.3M outflow on Nov 2 was larger than the net for all US spot Bitcoin ETFs together, which came to -$398.6M. The rest of the group was net positive on balance, so the money leaving came through one fund.

Ether funds also lost -$139.8M on Nov 2. Over five sessions the Bitcoin ETFs are net -$711.6M, so the day and the week point the same way.

The Bitcoin funds hold $98.12B in net assets, against $56.58B of cumulative net inflows.

Since 2025, days in this low band saw a median +0.5% BTC move over the next 7d (n=121, base -0.4%, 1y of records). History, not a forecast.