U.S. spot Bitcoin ETFs saw $1.282 billion in net outflows this week, their largest weekly outflow since June, turning cumulative flows for 2026 negative (The Block, Nov. 7, Farside data). BlackRock’s IBIT saw $1.21 billion in outflows over the week, including $403 million on Friday alone—accounting for the vast majority of the industry’s $411.9 million in net outflows that day—and has now recorded net outflows for six consecutive trading days. Fidelity’s FBTC bucked the trend, with $42.8 million in net inflows on Friday. $BTC $ETH