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Bitcoin ETFs face heavy outflows as BlackRock’s IBIT loses $1.66 billion
US-listed spot Bitcoin exchange-traded funds (ETFs) have experienced significant selling pressure, with net outflows reaching approximately $201 million on Monday, November 9. BlackRock’s iShares Bitcoin Trust (IBIT) led the decline, recording $213.2 million in outflows for the day. This marks the seventh consecutive day of withdrawals for IBIT, bringing its total outflows since October 30 to roughly $1.66 billion.
The broader Bitcoin ETF market has seen a period of intense volatility. On Friday, November 6, the category experienced its largest single-day exit since January, with $696 million in net outflows. During that session, IBIT alone accounted for $403 million of the total losses. While some funds like Morgan Stanley’s MSBT reported inflows of approximately $22 million, the overall trend for the group remains negative.
In addition to Bitcoin, US spot Ether ETFs also faced pressure, with outflows of roughly $185 million on Monday, the largest daily withdrawal for the category since early October. Despite the recent volatility and a decline in Bitcoin’s price, the Crypto Fear & Greed Index showed slight improvement, rising to 32, though it remains in “Fear” territory.
Entities
BYD · Binance · Bitcoin · BlackRock · Coinbase · Farside Investors · MSCI · Macquarie · Metaplanet · MicroStrategy · Morgan Stanley · Nominal
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] Binance reported that approximately $6.34 billion in digital assets were affected by its October 29 security breach. www.betashares.com.au
- [● 2 SOURCES] US spot Ether ETFs saw outflows of approximately $185 million on Monday. cointelegraph.com · www.cryptopolitan.com
- [● 4 SOURCES] US spot Bitcoin ETFs saw $201 million in net outflows on Monday, November 9. cointelegraph.com · www.cryptopolitan.com · www.altcoinbuzz.io · bitcoinbasis.de
- [● 2 SOURCES] The Crypto Fear & Greed Index rose to 32 on Monday. cointelegraph.com · www.cryptopolitan.com
- [○ 1 SOURCE] 98% of affected token assets from the Binance breach had been replenished as of November 3. www.betashares.com.au
- [● 3 SOURCES] IBIT outflows have totaled approximately $1.66 billion since October 30. cointelegraph.com · www.cryptopolitan.com · livecoins.com.br
- [● 4 SOURCES] Morgan Stanley’s MSBT fund saw $22.1 million in inflows on Monday. cointelegraph.com · www.cryptopolitan.com · www.altcoinbuzz.io · bitcoinbasis.de
- [● 4 SOURCES] BlackRock’s iShares Bitcoin Trust (IBIT) recorded $213.2 million in outflows on Monday. cointelegraph.com · www.cryptopolitan.com · www.altcoinbuzz.io · bitcoinbasis.de