EL7.AI
CryptoMediumUpdated•Originally published 5 November 2026•Updated 5 November 2026•
1 min read

Bitcoin ETFs See $1.16B Outflows as Price Tests Critical Support

Key Facts

1US spot Bitcoin ETFs recorded $1.16 billion in outflows over three consecutive sessions.
2The $77,000–$80,000 support zone relies heavily on futures market buying according to Bitfinex.

US spot Bitcoin ETFs recorded $1.16 billion in net outflows over three consecutive trading sessions. Tokenpost reported that continued spot selling and a reversal in ETF sentiment have pressured the digital asset, forcing a test of critical support levels near $77,000.

The support zone between $77,000 and $80,000 now relies heavily on buying activity within the futures market according to Bitfinex. This shift follows significant selling pressure from spot holders, which has moved the price floor reliance away from immediate cash markets as of November 5, 2026.

Latest Updates · 1

  1. Notable·

    Update: Bitcoin experienced a pullback of approximately 10%, easing previously overheated market conditions. This price correction occurs as the digital asset continues to retest the established technical support levels.

Open on chart