US spot bitcoin ETFs recorded a net $201.0 million outflow on Monday, 9 Nov, according to Farside data completed once BlackRock’s IBIT figure was posted. CryptoWatchDesk’s last ETF Desk covered Friday’s $411.9 million outflow; Monday’s figure was about half that.
IBIT again accounted for the whole of it. BlackRock’s fund reported $213.2 million of redemptions, its seventh outflow in a row; the last session in which it took in money was 29 Oct.
ARK 21Shares’ ARKB lost $9.9 million. Morgan Stanley’s MSBT was the only bitcoin fund with inflows, $22.1 million. Every other fund reported no flow.
Ether funds posted a net $184.6 million outflow, the largest for the group since 6 Oct. BlackRock’s ETHA lost $119.3 million, Grayscale’s ETHE $25.0 million, Bitwise’s ETHB $20.8 million and Fidelity’s FETH $19.1 million. Solana funds lost $7.7 million, led by Bitwise’s BSOL at $5.9 million.
| Fund | Net flow, 9 Nov ($M) | 30 Oct–9 Nov, seven sessions ($M) |
|---|---|---|
| IBIT (BlackRock) | −213.2 | −1,656.4 |
| ARKB (ARK 21Shares) | −9.9 | −158.5 |
| MSBT (Morgan Stanley) | +22.1 | +25.4 |
| GBTC (Grayscale) | 0.0 | −114.3 |
| FBTC (Fidelity) | 0.0 | −107.9 |
| BTC (Grayscale Mini) | 0.0 | −52.6 |
| EZBC (Franklin) | 0.0 | −32.9 |
| HODL (VanEck) | 0.0 | −23.6 |
| BITB (Bitwise) | 0.0 | −9.1 |
| BTCO (Invesco) | 0.0 | +4.0 |
| Bitcoin ETFs total | −201.0 | −2,125.9 |
| ETHA (BlackRock) | −119.3 | −541.8 |
| ETHE (Grayscale) | −25.0 | −12.3 |
| ETHB (Bitwise) | −20.8 | −88.2 |
| FETH (Fidelity) | −19.1 | −7.1 |
| ETH (Grayscale Mini) | 0.0 | −58.3 |
| Other ether funds | −0.4 | +2.2 |
| Ether ETFs total | −184.6 | −705.5 |
| Solana ETFs total | −7.7 | n/a |
Source: Farside Investors, US-listed spot funds, read about 10:50 UTC on 10 Nov; seven-session sums are CryptoWatchDesk arithmetic on Farside’s daily rows. BRRR and BTCW reported no flow in the period. “Other ether funds” on 9 Nov is TETH (−2.0) and MSSE (+1.6). Solana’s Monday figure is BSOL −5.9, FSOL −0.8, SOEZ −0.7 and VSOL −0.3; Farside shows no figure for TSOL.
Over the seven sessions since 30 Oct, IBIT has lost $1,656.4 million, more than three quarters of the $2,125.9 million that left bitcoin funds as a group. Bitcoin funds took money in on only one of those days, 4 Nov, when Fidelity’s FBTC drew $236.7 million. Ether funds lost $705.5 million over the same stretch, again with 4 Nov the only positive session.
Flows record shares created and redeemed; they are not a forecast, and they do not say who sold or why. For context on the selling elsewhere in the market, MARA sold 13,597 bitcoin after the third quarter to repay loans; for the structure behind the numbers, see how a spot bitcoin ETF works.
Bitcoin was near $74,118 on Kraken at 10:48 UTC on Tuesday.
This article is for information only and is not investment advice.