Bitcoin ETFs Just Lost $1.28 Billion in a Week — And Flipped Negative for 2026

Direct answer: U.S. spot Bitcoin ETFs recorded $1.28 billion in net outflows in the trading week of November 2–6, 2026 — their worst week since late June — and the drain was large enough to flip the funds negative for the whole of 2026. Bitcoin itself held near $75,800 on Sunday, on course for a fifth straight weekly loss.

What happened

The selling was not one bad day. It was a five-session drain. U.S. spot Bitcoin ETFs lost $398.6 million on Monday, $115.6 million on Tuesday, $430.2 million on Thursday and $411.9 million on Friday, according to The Block's analysis of SoSoValue data. Wednesday was the only positive day, with a modest $74.6 million inflow. The weekly total of $1.28 billion was the largest since the week ended June 26, when the funds shed $1.79 billion, and it ranks as the seventh-largest weekly outflow since the products launched in January 2024.

One fund drove almost all of it. BlackRock's iShares Bitcoin Trust (IBIT), the largest U.S. spot Bitcoin ETF, accounted for about $1.21 billion of the week's net outflows, including $403 million on Friday alone. That concentration matters because IBIT is usually read as the cleanest gauge of institutional demand for Bitcoin through regulated funds.

Why it is blowing up

The number that turned a bad week into a headline is the year-to-date flip. The funds entered the week with about $368 million in net inflows for 2026, a positive balance they had only regained in late September. One week of redemptions erased that and left them at roughly $914 million in net outflows for the year, according to CoinTribune's tally of the same flow data. In other words, eleven months of patient buying were undone in five trading days.

Ether funds weakened at the same time. U.S. spot Ether ETFs lost about $365 million over the week, their sixth consecutive weekly outflow, taking combined Bitcoin and Ether ETF redemptions to roughly $1.65 billion. Traders Union, citing CoinGlass data, also put total crypto-market liquidations for November 2–6 at around $3.1 billion, an approximate figure that shows how much leveraged positioning was forced out alongside the fund flows.

The backdrop was a broad risk-off week. U.S. midterm results, a sharp sell-off in AI and chip stocks, and renewed questions about valuations hit risk assets together. Bitcoin, which now trades heavily through institutional products, moved with that mood rather than against it.

Bitcoin's price: holding, but below the line that matters

Bitcoin traded near $75,800–$75,900 on Sunday, down about 3% from Monday's open near $78,232 and below the $76,000 level several analysts flagged as the threshold for renewed upward momentum. Crypto.news reported analyst Michaël van de Poppe identifying $76,000 as that immediate level to reclaim. A November 7 technical assessment placed Bitcoin's 50-week moving average near $75,562, leaving the price only just above a long-term line that has drawn close attention all week.

That is the tension in the story. The price has not collapsed — Bitcoin absorbed more than a billion dollars of fund selling and stayed in a narrow band over the weekend — but the demand engine that supported it for most of 2026 has, for now, switched into reverse.

What's next

The next test arrives quickly. October U.S. consumer price data is due Tuesday, and a hot print would add pressure on risk assets already coping with a Federal Reserve that held rates at 3.75%–4.00% in October with two members dissenting in favour of a hike. Monday's ETF flow print will also be watched closely: whether IBIT's run of redemptions extends into a seventh session will say more about institutional appetite than any single price move. None of this is a prediction — one week of outflows does not establish a lasting trend, and the funds still hold tens of billions in cumulative inflows since launch.

FAQ

How much did Bitcoin ETFs lose last week?
U.S. spot Bitcoin ETFs recorded $1.28 billion in net outflows from November 2–6, 2026, their worst week since late June.

Which fund saw the biggest outflows?
BlackRock's IBIT accounted for about $1.21 billion of the week's outflows, including $403 million on Friday alone.

Are Bitcoin ETFs now negative for 2026?
Yes. The week erased about $368 million in year-to-date inflows and left the funds at roughly $914 million in net outflows for 2026.

What price is Bitcoin trading at?
Bitcoin held near $75,800 on Sunday, November 8, down about 3% on the week and on course for a fifth straight weekly loss.

Bitcoin ETFs Just Lost $1.28 Billion in a Week — And Flipped Negative for 2026

What happened

Why it is blowing up

Bitcoin's price: holding, but below the line that matters

What's next

FAQ

Sources