Bitcoin ETFs Lose $201 Million as IBIT Withdrawals Continue

U.S. spot Bitcoin exchange-traded funds recorded about $201 million in net outflows on November 9, led by $213.2 million withdrawn from BlackRock’s iShares Bitcoin Trust, as the category’s net flows for 2026 remained negative. The Monday withdrawals extended IBIT’s outflow streak to seven consecutive sessions and brought its cumulative withdrawals since October 30 to about $1.66 billion, according to Farside Investors data cited in reports.

Morgan Stanley’s Bitcoin Trust ETF, MSBT, attracted about $22 million on Monday, partly offsetting withdrawals from other funds. Across the spot Bitcoin ETF market, roughly $1.5 billion had flowed out over the six trading sessions preceding Monday. The Monday total was lower than the roughly $412 million reported for Friday.

By early November, U.S. spot Bitcoin ETFs had recorded about $1.1 billion in net outflows for the year. That compares with roughly $25 billion in net inflows by early November in each of 2024 and 2025. The 2026 figure marks the first annual net-negative position for the category since the products launched in January 2024, according to reports.

A separate report said withdrawals continued on November 11, when IBIT saw...