Investors pulled $213 million from BlackRock's iShares Bitcoin Trust (IBIT) on Monday, Nov. 9, extending the largest US spot bitcoin ETF's run of redemptions to a seventh consecutive session. Since Oct. 30, the fund has shed roughly $1.66 billion.

Monday's IBIT outflow tops category-wide loss

Issuer-level redemptions for IBIT totaled $213.2 million on Monday, according to fund-flow data from Farside Investors. The single-fund figure was larger than the net loss recorded by the entire US spot bitcoin ETF category, which saw outflows for a third straight day, shedding $201.08 million as a group — meaning IBIT's exit alone outweighed the category's total, leaving the other 11 funds roughly flat in aggregate.

The streak's heaviest single-day exits came on Nov. 2, when IBIT lost $405.3 million, and Nov. 6, with $403 million. The smallest was $95 million on Nov. 3. Other sessions saw outflows of $233.7 million on Oct. 30, $201.2 million on Nov. 4 and $105 million on Nov. 5. Tuesday's flow update will show whether the streak reaches an eighth session.

MSBT the lone gainer among 12 funds

Of the 12 US spot bitcoin ETFs, only Morgan Stanley's Bitcoin Trust (MSBT) attracted new money on Monday, taking in $22.06 million. ARK and 21Shares' ARKB recorded $9.91 million in outflows, while Fidelity's FBTC saw zero flows. In net terms, the group has lost about $1.48 billion over the past six sessions.

IBIT remains by far the largest fund in the category, with net assets of $59.29 billion — well ahead of Fidelity's FBTC at $13.07 billion and Grayscale's GBTC at $9.25 billion. Combined net assets across all US spot bitcoin ETFs totaled $94.43 billion, equivalent to roughly 6.27% of Bitcoin's market value, while cumulative net inflows since the products began trading in January 2024 stand at $55.50 billion. Trading across the funds reached $1.73 billion, with IBIT accounting for $1.34 billion of that volume.

Ether ETFs post largest outflow since Oct. 6

Monday's category-wide exit was about 51% smaller than Friday's, when the funds lost $412 million on Nov. 6. The Crypto Fear & Greed Index — a daily sentiment gauge scored from 0 (extreme fear) to 100 (extreme greed) — registered 32 on Tuesday, up from 29 on Monday and 26 a week earlier, though it remained in "Fear" territory.

US spot Ether ETFs also bled, shedding about $185 million on Monday — their largest daily withdrawal since Oct. 6, per Farside data. Coinbase's national trust bank charter, which took effect Friday, Nov. 6 and allows the company to custody customer digital assets under federal regulation, did not halt the selling.

The latest exits bring 2026 net withdrawals from US spot bitcoin ETFs to about $1.1 billion. By early November in both 2024 and 2025, the products had amassed roughly $25 billion in net inflows.

According to Cryptopolitan, the funds briefly broke their losing streak on Nov. 4, when FBTC's $236.72 million inflow offset IBIT's outflow. A subsequent selloff led by AI stocks then erased Bitcoin's post-midterm bounce.

At the time of writing, BTC traded at $74,294, up 0.2% over the past 24 hours.