Bitcoin ETF outflows slowed again — and Ethereum nearly came to a complete halt.
Key figures:
• U.S. spot BTC ETFs: $95 million in outflows on Nov. 10 (Farside, final) — the fourth consecutive session of outflows.
• Comparison: $201 million in outflows on Nov. 9; $411.9 million on Nov. 6. The pace has more than halved for two sessions in a row.
• U.S. spot ETH ETFs: just $1.3 million in outflows on Nov. 10 — down from $184.6 million the day before.
• IBIT saw $78.2 million in outflows (its eighth consecutive session since Oct. 30; around $1.73 billion total according to Farside’s table), FBTC saw $36.8 million in outflows; MSBT, by contrast, saw $20 million in inflows.
• Last 7 sessions (Nov. 2–10): $1,577.7 million in outflows; 30 sessions: $2,242.3 million. 2026 YTD is now negative $1.1 billion (CoinDesk, Cointelegraph, Nov. 10) — even though 2024 and 2025 each saw inflows of more than $20 billion.
My take: institutional selling pressure is easing, not disappearing — four consecutive sessions of outflows still mean big buyers haven’t returned. What’s most interesting is ETH: from $184.6 million to $1.3 million in a day, nearly neutral. But one dataset is never enough to draw a conclusion: BTC, at around $73,800, is still below its 200-day average of $76,404, and the now-negative YTD figure is a reminder that 2026 could be the first year U.S. BTC ETFs end in the red if these flows continue.
What I’m watching next: the final figures for tomorrow morning’s Nov. 11 session, whether MSBT inflows continue, and the December dot plot.
What do you think: is this the start of a cooldown, or just a pause before the next data release?
This is my analysis, not financial advice — always DYOR.
#ETFBitcoin #ArusInstitusional $BTC
Key figures:
• U.S. spot BTC ETFs: $95 million in outflows on Nov. 10 (Farside, final) — the fourth consecutive session of outflows.
• Comparison: $201 million in outflows on Nov. 9; $411.9 million on Nov. 6. The pace has more than halved for two sessions in a row.
• U.S. spot ETH ETFs: just $1.3 million in outflows on Nov. 10 — down from $184.6 million the day before.
• IBIT saw $78.2 million in outflows (its eighth consecutive session since Oct. 30; around $1.73 billion total according to Farside’s table), FBTC saw $36.8 million in outflows; MSBT, by contrast, saw $20 million in inflows.
• Last 7 sessions (Nov. 2–10): $1,577.7 million in outflows; 30 sessions: $2,242.3 million. 2026 YTD is now negative $1.1 billion (CoinDesk, Cointelegraph, Nov. 10) — even though 2024 and 2025 each saw inflows of more than $20 billion.
My take: institutional selling pressure is easing, not disappearing — four consecutive sessions of outflows still mean big buyers haven’t returned. What’s most interesting is ETH: from $184.6 million to $1.3 million in a day, nearly neutral. But one dataset is never enough to draw a conclusion: BTC, at around $73,800, is still below its 200-day average of $76,404, and the now-negative YTD figure is a reminder that 2026 could be the first year U.S. BTC ETFs end in the red if these flows continue.
What I’m watching next: the final figures for tomorrow morning’s Nov. 11 session, whether MSBT inflows continue, and the December dot plot.
What do you think: is this the start of a cooldown, or just a pause before the next data release?
This is my analysis, not financial advice — always DYOR.
#ETFBitcoin #ArusInstitusional $BTC