Bitcoin (BTC) ETFs Shed $430M as IBIT Outflow Streak Tops $1B

By Nodora News · 6 November 2026

Bitcoin (BTC) spot ETFs posted $430.2M in net outflows on Nov. 5 as BlackRock’s IBIT extended a five-day streak past $1B, with Ether funds losing about $100M.

U.S. spot Bitcoin (BTC) exchange-traded funds recorded $430.2 million in net outflows on Thursday, November 5, 2026, reversing a brief rebound the day after the U.S. midterms as crypto prices slid with technology stocks. BlackRock’s iShares Bitcoin Trust (IBIT) posted another $105.0 million redemption, stretching its outflow streak to five sessions and pushing cumulative withdrawals since October 30 past $1 billion, according to data from Farside Investors and SoSoValue.

Key takeaways

• Spot Bitcoin ETFs saw $430.2M in net outflows on Nov. 5; six of 12 funds posted redemptions.
• Fidelity’s FBTC led with about $199.9M out, followed by IBIT at $105.0M and Grayscale’s GBTC at $49.9M.
• IBIT’s five-day outflow run since Oct. 30 has topped $1B, per Cointelegraph citing Farside.
• Spot Ether (ETH) ETFs lost about $99.97M the same day, led by BlackRock’s ETHA ($75.2M).
• Combined BTC and ETH fund outflows were roughly $530M, after about $128M of combined inflows on Nov. 4.

What happened on Nov. 5

Flow desks published Thursday’s closing numbers on Friday morning. Across the U.S. spot Bitcoin complex, net creations flipped back to redemptions after Nov. 4’s modest $74.6 million inflow day.

Farside’s fund-level table shows:

• FBTC: −$199.9 million
• IBIT: −$105.0 million
• GBTC: −$49.9 million
• EZBC: −$32.9 million
• HODX/HODL: −$23.6 million
• ARKB: −$18.9 million

Six of the twelve listed products posted outflows; the rest were flat or did not offset the redemptions. TokenPost, citing SoSoValue, put total spot Bitcoin ETF trading volume that day near $3.89 billion, with IBIT alone accounting for about $2.98 billion of that turnover. Aggregate net assets across the Bitcoin products stood near $96.7 billion, or roughly 6.3% of Bitcoin’s market capitalization.

Spot Ether funds moved in the same direction. SoSoValue data reported by TokenPost showed $99.97 million in net outflows on Nov. 5 after $53.0 million of inflows on Nov. 4. BlackRock’s ETHA led with $75.20 million out, followed by BlackRock’s ETHB at $21.99 million, with smaller redemptions from Fidelity’s FETH and Grayscale’s ETHE. Cumulative net inflows into spot Ether ETFs stood near $12.0 billion, with total net assets around $13.0 billion.

Why the outflows matter

Spot Bitcoin and Ether ETFs are the main regulated pipe for U.S. institutions and advisors to hold crypto without custodying coins directly. When creations turn into redemptions at this scale, authorized participants are delivering ETF shares and taking BTC or ETH out of the funds — a concrete signal of institutional selling pressure, not just futures or retail leverage.

The timing matters. Nov. 4 had brought the first November inflows after a rough stretch that included a $643 million Bitcoin ETF outflow day after the Binance hack and a $405 million single-day IBIT redemption earlier in the week. Thursday’s $430 million Bitcoin outflow erased that one-day rebound and aligned with a sharp risk-off move in U.S. equities: the Nasdaq Composite fell about 5.5%, its steepest drop since April 2025 per Reuters via Cointelegraph, as AI and chip names sold off.

IBIT’s five-session outflow streak past $1 billion since Oct. 30 is also notable because the BlackRock fund still dominates volume and assets. Persistent IBIT redemptions often set the tone for the rest of the complex even when smaller funds are mixed.

For more context on the earlier wave of redemptions, see Nodora’s coverage of BlackRock’s IBIT $405M one-day outflow and the post-Binance-hack $643M Bitcoin ETF outflow day. Live prices and charts are on Nodora’s Charts page.

Market reaction

Spot prices stayed under pressure into Friday’s Asia/Australia session. On OKX, Bitcoin last traded near $75,687, down about 6.0% over 24 hours from an open near $80,516, after printing a low around $75,200. Ether traded near $2,228, down about 8.0% over 24 hours from an open near $2,421.

Crypto liquidations over the broader sell-off topped $1 billion across venues, according to CoinGlass figures reported by multiple outlets, with the bulk hitting long positions as the Nasdaq-led equity rout spilled into digital assets. Cointelegraph noted that Bitcoin and Ether ETFs together shed about $530 million on Thursday after roughly $128 million of combined inflows on Wednesday.

Year-to-date net flows for spot Bitcoin ETFs were roughly −$510 million after Thursday’s close, per Cointelegraph — a reminder that 2026 flows have been choppy even as total assets remain near $97 billion.

What to watch next

• Friday and Monday flow prints: whether FBTC and IBIT stabilize after the Nov. 5 washout, or whether redemptions extend into a sixth IBIT session.
• Equity follow-through: another heavy Nasdaq session would keep pressure on crypto beta; a bounce in AI/chip names could slow ETF outflows.
• Price levels: desks have flagged the mid-$75,000 area and lower supports near $73,000 / $68,000 if selling resumes (Wintermute levels cited in The Block’s daily wrap).
• Policy calendar: separate from flows, SEC crypto broker-dealer rules (RIN 3235-AN48) are in White House OIRA review — a backdrop for how institutions size U.S. crypto exposure.

None of this is financial advice. ETF flow figures can be revised, and single-day prints do not dictate multi-week trends. The Nov. 5 data does, however, show that the post-election inflow bounce was short-lived once equity risk appetite cracked.

#Bitcoin #Ethereum #ETF #BlackRock #Fidelity

This article is general information, not financial advice.