Bitcoin ETFs saw about $1.28 billion in net outflows this week. Who’s getting out?
Evening of November 7, 2026 | Based on Farside’s U.S. trading-day data
Bottom line: From November 2 to 6, U.S. spot Bitcoin ETFs saw net outflows on four of the five trading days, totaling about -$1.28 billion.
Wednesday’s net inflow (about +$74.6 million) lasted just one day. Thursday saw about -$430 million, and Friday about -$412 million—back to outflows.
Breaking it down, most of the outflows came from one fund. IBIT had net outflows on all five days this week, totaling about -$1.21 billion, or more than 90% of the week’s net outflows. And since October 30, it has seen net outflows for six consecutive trading days. FBTC, by contrast, had a modest net inflow this week of about +$93 million.
The other night, I left two things to watch: whether net inflows could continue for two or three days, and whether IBIT’s outflows would stop. The answer is clear: neither happened.
One thing to keep in mind: ETF flows are measured by U.S. trading day, so there’s no new data on weekends. They’re not the same as Binance’s rolling 24-hour price changes. Weekly net outflows also don’t tell us what price will do next, and they’re certainly not evidence that anyone is “dumping.”
My take: Next week, first watch whether IBIT’s streak of outflows breaks. Don’t focus only on the total. We’ll see what the data says.
Tonight at 22:40, I’ll continue the nighttime review.
#比特币ETF #比特币 $BTC
Evening of November 7, 2026 | Based on Farside’s U.S. trading-day data
Bottom line: From November 2 to 6, U.S. spot Bitcoin ETFs saw net outflows on four of the five trading days, totaling about -$1.28 billion.
Wednesday’s net inflow (about +$74.6 million) lasted just one day. Thursday saw about -$430 million, and Friday about -$412 million—back to outflows.
Breaking it down, most of the outflows came from one fund. IBIT had net outflows on all five days this week, totaling about -$1.21 billion, or more than 90% of the week’s net outflows. And since October 30, it has seen net outflows for six consecutive trading days. FBTC, by contrast, had a modest net inflow this week of about +$93 million.
The other night, I left two things to watch: whether net inflows could continue for two or three days, and whether IBIT’s outflows would stop. The answer is clear: neither happened.
One thing to keep in mind: ETF flows are measured by U.S. trading day, so there’s no new data on weekends. They’re not the same as Binance’s rolling 24-hour price changes. Weekly net outflows also don’t tell us what price will do next, and they’re certainly not evidence that anyone is “dumping.”
My take: Next week, first watch whether IBIT’s streak of outflows breaks. Don’t focus only on the total. We’ll see what the data says.
Tonight at 22:40, I’ll continue the nighttime review.
#比特币ETF #比特币 $BTC
