U.S. Bitcoin Funds Record Net Outflows of $115.6 Million on November 3
Key Facts
U.S. spot Bitcoin exchange-traded funds recorded net outflows of $115.6 million on November 3, 2026, according to final data from Farside Investors. That followed outflows of $643 million on Friday, October 30, the funds’ largest single-day withdrawal in October, according to Reuters. Meanwhile, Bitcoin closed at $77,453.86 on November 3, according to EL7 data. The cryptocurrency had closed at $77,368.77 on October 30 and then at $76,816 on November 2. The closing prices show daily price moves coinciding with continued net withdrawals, without establishing the cause of the flows or investors’ motives.
Closing data show Bitcoin ended October 30 at $77,368.77, before its close fell to $76,816 on November 2. In the following session, it rose to $77,453.86, above the closing prices of the previous two days. This move does not mean fund flows had no effect on the market, and the available figures do not allow their impact to be isolated from other factors. The confirmed figure for November 3 fund flows remains net outflows of $115.6 million, according to Farside’s final reading.
The development comes amid pressure in digital-asset markets in late October, alongside a security incident involving Binance. The Associated Press said Bitcoin fell 3.2% on the evening of Thursday, October 29, to below $79,000 amid news of the incident. Binance estimated the incident’s total impact at about $6.3 billion and said about $3 billion in affected assets had been frozen on-chain as of October 29. Reuters reported that the exchange’s customers had withdrawn a net $4.72 billion since it reopened following the breach. These figures concern flows by customers of a trading platform and do not represent flows into U.S.-traded Bitcoin funds.
Historical comparisons place exchange withdrawals in a separate context from fund movements. Reuters said Binance processed net outflows of about $6 billion over 72 hours in 2022 following the collapse of FTX. The $643 million withdrawal on October 30, by contrast, involved U.S. spot Bitcoin funds, and Reuters described it as October’s largest daily outflow. The measures cover different scopes—fund flows and customer withdrawals from a single exchange—so the two values should not be compared as a single movement of money. On November 3, fund flows remained negative even as Bitcoin closed higher than on November 2. The data therefore show two different trends coinciding in the session, without attributing one to the other.
Market attention now turns to the U.S. October employment report, which the Bureau of Labor Statistics scheduled for Friday, November 6, 2026, at 8:30 a.m. Eastern Time. The report’s official title is the October “Employment Situation,” according to the bureau’s schedule. It is due after the November 3 session, when net outflows from Bitcoin funds were recorded. The sequence of dates places fund flows and the cryptocurrency’s closing prices in the context of the same week, without assuming the employment report will determine Bitcoin’s direction. The report’s release will be the next economic event listed in the evidence following these sessions.