Bitcoin ETFs See $1.44 Billion in Outflows Over Five Days as BlackRock's IBIT Leads Selling

By Kevin · 2026-11-13 · News

Nov. 13 (CandyPulse) — If you want to know why Bitcoin has been falling, start with the funds that were supposed to bring Wall Street money in. U.S. spot Bitcoin ETFs lost about $1.44 billion in five trading days through Nov. 11, and most of it came out of one fund.

Key takeaways

U.S. spot Bitcoin ETFs saw about $1.44 billion of net outflows across five straight sessions (Nov. 5, 6, 9, 10 and 11)
On Nov. 11 alone, about $299.8 million left, according to Farside data
BlackRock's IBIT accounted for about $269.7 million of that day, roughly 90%
Fidelity's FBTC had no net flow on Nov. 11; it lost about $193.9 million over the five sessions
Morgan Stanley's MSBT was the only fund with inflows on Nov. 11, at about $9 million

The numbers at a glance

Item	Reading
Five-session net outflow	About $1.44 billion ($1,437.9 million)
Sessions	Nov. 5, 6, 9, 10, 11
Nov. 11 outflow	About $299.8 million
BlackRock IBIT, Nov. 11	About −$269.7 million
Fidelity FBTC, five sessions	About −$193.9 million
Only inflow on Nov. 11	Morgan Stanley MSBT, about +$9 million

Figures are from Farside data as reported by news outlets. The Nov. 11 tally was provisional when published, as not every fund had reported.

What an ETF outflow means

A spot Bitcoin ETF holds real Bitcoin. When investors buy shares, the fund buys Bitcoin. When they sell, the fund has to sell Bitcoin to pay them back.

So an outflow is not just a statistic. It is actual Bitcoin being sold into the market. Five days of it in a row adds steady pressure on the price.

One fund is doing most of the selling

The striking part is how concentrated it is. On Nov. 11, BlackRock's IBIT, the largest Bitcoin ETF, made up about nine-tenths of the day's outflow. One report says IBIT has now seen outflows for nine sessions running, totalling more than $2 billion.

That can mean two things. It could be a handful of very large investors cutting their holdings, which would be less worrying than a broad retreat. Or it could be the start of big institutions stepping back. The data shows how much left, not who sold or why.

How it connects to the price

The timeline lines up closely:

Nov. 5: we reported a $530 million single-day outflow from crypto ETFs.
Nov. 9: Bitcoin slid below $74,000.
Nov. 11: the fifth day of outflows, taking the total to $1.44 billion.
Nov. 12–13: Bitcoin broke below $70,000.

It also matches the wider picture of money leaving crypto: stablecoin supply has shrunk by $14.2 billion in 30 days, and ether and Solana funds have seen outflows too.

Keep it in proportion

It's a small slice of the total. These funds have taken in tens of billions of dollars since they launched. $1.44 billion is a meaningful week, not an exodus.
Flows turn quickly. ETF money has swung from heavy outflows to heavy inflows within days before.
Not every fund is selling. Several large funds had no net flow on Nov. 11, and one had inflows.

What could happen next

Scenarios, not predictions:

If outflows continue, the selling pressure stays on and the $68,000–$70,000 area faces another test.
If flows flatten or turn positive, it would be the first sign that big investors are done reducing, and that often steadies the price.
Watch IBIT in particular. Because it has driven most of the selling, a quiet day there would matter more than the headline total.

What this means for you

ETF flows are one of the clearest signals of what large investors are doing. They don't tell you what to do with your own holdings. If you're investing for the long term, a week of outflows changes little; if you're trading with borrowed money, it's a reminder of how quickly this market can move. New to terms like "ETF" or "net flow"? See our crypto glossary.

What's next

Watch the daily ETF flow figures, especially for IBIT, the $68,000–$70,000 zone for Bitcoin, and Nvidia's earnings call on Nov. 17, which could move risk appetite across markets (background). Live prices are on our Bitcoin price today page, and we follow flows daily on the Crypto News Today desk and in Sunday's CANDY Weekly.

Disclaimer: This article is for information only and is not financial advice. ETF flow figures are provisional when first published and can be revised. Crypto assets are volatile and can lose value. Always do your own research before making any investment decision.