Bitcoin ETFs Bleed $1.4B in Five Days as Investors Cut Risk
Summary
U.S. spot Bitcoin ETFs saw five straight days of net outflows, losing about $1.44 billion from November 5 to 11 and $1.88 billion so far in November. The withdrawals coincided with a broader retreat from risk assets; ETF net assets have dropped 45% from an October peak. Analysts said the flows reflect weaker risk appetite, less attractive basis trades and a shortage of new capital, including contracting stablecoin supply. Some warn that weak buying demand could leave Bitcoin vulnerable, while others say the outflows do not yet signal a reversal in long-term institutional interest. Bitcoin ETF outflows have also been compared with gold ETF GLD’s past decline and lengthy recovery.
