Bitcoin (BTC) Spot ETFs Shed $296 Million in Two-Day Outflows
Key Takeaways
- •Spot Bitcoin ETFs posted $296 million in net outflows across the two trading days of November 9 and 10.
- •BlackRock's IBIT carried almost all of the selling pressure during the two-day redemption period.
- •The category has accumulated $55.86 billion in cumulative net inflows since US spot Bitcoin ETFs began trading in January 2024.
- •The two-day outflows amount to roughly half a percent of the category's total accumulated net inflows.
- •Bitcoin last traded at $73,824, marking a 1.2% decline over the prior 24 hours.
Bitcoin (BTC) Spot ETFs Shed $296 Million in Two-Day Outflows
November 11, 2026 — COINOTAG
Spot Bitcoin exchange-traded funds posted a net $296 million in outflows across November 9 and 10, according to COINOTAG. The latest redemptions stand against $55.86 billion in cumulative net inflows accumulated by the category since its launch.
BlackRock's IBIT carried almost all of the selling during the two-day window, per the report — a heavy single-fund concentration in a category whose daily totals aggregate flows across multiple issuers. Bitcoin (BTC) last printed $73,824, down 1.2% over the past 24 hours.
Background on the Spot Bitcoin ETF Category
US spot Bitcoin ETFs began trading in January 2024 after the Securities and Exchange Commission approved a series of applications from major asset managers. The funds hold bitcoin directly and are designed to track the asset's price, giving investors exposure through standard brokerage accounts without requiring them to hold the cryptocurrency themselves — a structure distinct from products that offer crypto exposure through derivatives.
BlackRock's iShares Bitcoin Trust (IBIT), which launched as part of that first wave of approvals, has since grown into one of the largest spot Bitcoin funds by assets under management — a scale that gives its daily disclosures outsize weight in the category's aggregate figures. Daily flow figures for the category are compiled from issuers' disclosures and are widely followed as a measure of net investor activity in the funds; because they are published for each trading day, upcoming disclosures will show whether the redemptions extended beyond November 10.
The $55.86 billion in cumulative net inflows represents the running total of money placed into the category, net of withdrawals, since trading began in January 2024, with net-buying days adding to that figure and net-selling days subtracting from it. On that basis, the $296 million booked on November 9 and 10 amounts to roughly half a percent of the cumulative total, framing the two-day redemption streak against the broader accumulation the category has recorded since launch.
This content was first published on COINOTAG: https://en.coinotag.com/bitcoin-btc-spot-etfs-296-million-two-day-outflows
