Key Takeaways
- • BlackRock's iShares Bitcoin Trust (IBIT) recorded its largest daily outflow since June 26 on Monday, with $405.3 million withdrawn, according to Farside Investors data.
- • US-listed spot Bitcoin ETFs posted $398.6 million in net outflows on Monday, extending withdrawals that totaled $515 million in October.
- • Fidelity's Wise Origin Bitcoin Fund (FBTC) attracted $6.7 million on the day, partially offsetting outflows.
- • Bitcoin briefly fell below $76,400, its lowest level since August, per CoinGecko, amid volatility following a $6.3 billion Binance hack.
- • US spot Ether ETFs saw about $140 million in outflows, extending a six-day losing streak after a record $1.61 billion in October outflows, per SoSoValue.
Summary
BlackRock's iShares Bitcoin Trust (IBIT) recorded its largest daily outflow since June on Monday as US-listed spot Bitcoin exchange-traded funds began November with further withdrawals. According to Farside Investors data, the funds recorded $398.6 million in net outflows, led by $405.3 million from IBIT. The IBIT outflow was its largest since June 26, when investors pulled $444.5 million. Fidelity's Wise Origin Bitcoin Fund (FBTC) attracted $6.7 million on Monday, partially offsetting the redemptions.
The outflows followed $515 million in net withdrawals from US spot Bitcoin ETFs in October, and the funds have recorded roughly $38 million in net outflows so far in 2026. The withdrawals came amid broader crypto market volatility following the $6.3 billion Binance hack.
Bitcoin briefly fell below $76,400 on Monday, its lowest level since August, according to CoinGecko, and traded at around $76,600 at publication, down 3.7% over the past seven days. US spot Ether ETFs also recorded about $140 million in net outflows on Monday, extending their losing streak to six trading days after a record $1.61 billion in monthly outflows in October, according to SoSoValue data.
Edwin Mata, CEO of tokenization company Brickken, said in commentary published Monday: "I wouldn't interpret these outflows as a rejection of digital assets. Investors reduce exposure when uncertainty rises, particularly after an event that raises questions about the security of market infrastructure."
The outflows followed $515 million in net withdrawals from US spot Bitcoin ETFs in October, and the funds have recorded roughly $38 million in net outflows so far in 2026. The withdrawals came amid broader crypto market volatility following the $6.3 billion Binance hack.
Bitcoin briefly fell below $76,400 on Monday, its lowest level since August, according to CoinGecko, and traded at around $76,600 at publication, down 3.7% over the past seven days. US spot Ether ETFs also recorded about $140 million in net outflows on Monday, extending their losing streak to six trading days after a record $1.61 billion in monthly outflows in October, according to SoSoValue data.
Edwin Mata, CEO of tokenization company Brickken, said in commentary published Monday: "I wouldn't interpret these outflows as a rejection of digital assets. Investors reduce exposure when uncertainty rises, particularly after an event that raises questions about the security of market infrastructure."
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.