US Bitcoin ETFs Record Largest Weekly Outflows Since June
Key Facts
US-listed spot Bitcoin ETFs recorded $1.28 billion in net withdrawals during the week ending November 6, 2026. Cointribune reported that this represents the most significant weekly outflow since June, causing the total value of Bitcoin held by the twelve ETFs to fall by 2.3% to $95.9 billion.
The market saw a rapid reversal as a positive balance of $368 million shifted into a deficit exceeding $914 million within a single week. According to Cointribune, BlackRock’s IBIT dominated the outflows with approximately $403 million in withdrawals, while Grayscale’s GBTC saw an additional $11.1 million exit, and Bitwise’s BITB and ARK 21Shares’ ARKB each lost around $20 million.
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Update: Analyst Ali Charts warned that Bitcoin's price could slide toward the $60,000 level. The analyst noted that this downside target remains a possibility if the cryptocurrency breaks below channel support near $73,000.