CryptoMedium•7 November 2026•
1 min read
US Bitcoin ETFs See $411.9M Outflow as BlackRock Leads Record Redemptions
Key Facts
1US spot Bitcoin ETFs recorded a net outflow of $411.9 million on November 6.
2BlackRock's IBIT fund accounted for the majority of redemptions with $403 million in outflows.
3Fidelity's FBTC fund attracted modest inflows of $42.8 million despite the broader selling trend.
US spot Bitcoin ETFs recorded a net outflow of $411.9 million on November 6, 2026. NewsBTC reported that BlackRock's IBIT fund accounted for the majority of redemptions with $403 million in outflows, while Fidelity's FBTC fund attracted modest inflows of $42.8 million despite the broader selling trend.
BlackRock closed at $1178.87 on November 6, 2026, with the stock trading between a low of $1155.52 and a high of $1195.19 during the session. The significant redemption volume from the largest Bitcoin ETF provider indicates potential downward pressure and cooling institutional demand for the digital asset.