EL7.AI
CryptoMedium•12 November 2026•
1 min read

Bitcoin ETFs See $969M Outflows as Coinbase Premium Remains Negative

Key Facts

1Bitcoin ETFs recorded $969 million in net outflows as selling pressure persists.
2The Coinbase Premium hit -0.14% on Nov. 11, marking 70 consecutive days below zero.

Bitcoin ETFs recorded $969 million in net outflows as selling pressure persists across the digital asset market. TokenPost reported that the Coinbase Premium hit -0.14% on November 11, 2026, marking 70 consecutive days below zero, which indicates weaker institutional demand in the U.S. compared to global markets.

COIN closed at $136.27 on November 11, 2026, after trading between a low of $132.87 and a high of $138.86 during the session. The prolonged negative premium combined with significant ETF liquidations suggests sustained institutional selling pressure, supporting a continued market correction.

Open on chart