U.S. spot Bitcoin and Ethereum exchange-traded funds recorded approximately $385.6 million in combined net outflows on Monday, November 9, 2026, extending a period of sustained withdrawals as cryptocurrency markets struggled to recover from recent declines. Bitcoin ETFs experienced $201 million in net redemptions, while Ethereum funds registered approximately $184.6 million in outflows, according to fund-level data compiled by Farside Investors and other ETF trackers. BlackRock accounted for most of the selling across both categories, with its Bitcoin and Ethereum products collectively recording approximately $353.3 million in withdrawals.The latest figures follow a difficult previous week for cryptocurrency investment products, during which Bitcoin ETFs lost approximately $1.28 billion and Ethereum funds recorded substantial additional redemptions. Smaller cryptocurrency ETFs also experienced selling pressure, with Solana and XRP investment products reporting approximately $7.7 million and $10.42 million in outflows, respectively.
BlackRock’s Bitcoin ETF Records Seventh Consecutive Outflow
Bitcoin ETFs registered $201 million in net withdrawals on November 9, moderating from the $411.9 million recorded during the previous trading session on November 6. BlackRock’s iShares Bitcoin Trust (IBIT) accounted for $213.2 million in redemptions, marking its seventh consecutive trading session of outflows. ARK 21Shares’ ARKB fund recorded an additional $9.9 million in withdrawals, while Morgan Stanley’s MSBT attracted $22.1 million in new capital. Other Bitcoin ETFs, including Fidelity’s FBTC, Bitwise’s BITB and Grayscale’s GBTC, reported no net flows during the session.BlackRock’s withdrawals exceeded the category’s overall net outflow because inflows into Morgan Stanley’s product partially offset the selling. The continued redemptions come as Bitcoin trades around $75,000, considerably below its earlier 2026 highs. Despite Monday’s withdrawals, total cumulative net inflows into U.S. spot Bitcoin ETFs remain above $55 billion, reflecting substantial institutional investment since the products began trading.
Ethereum, Solana and XRP ETFs Extend Selling Pressure
Ethereum ETFs recorded approximately $184.6 million in withdrawals, their largest daily outflow of November so far, according to secondary fund-flow trackers. BlackRock’s ETHA led redemptions with $119.3 million, while its ETHB product lost another $20.8 million. Grayscale’s Ethereum Mini Trust recorded $25 million in withdrawals, followed by Fidelity’s FETH with $19.1 million and 21Shares’ TETH with $2 million. Morgan Stanley’s MSSE was the only product reporting inflows, attracting approximately $1.6 million.Farside’s publicly accessible Ethereum table remained incomplete during verification, displaying $44.5 million in net withdrawals before incorporating BlackRock’s reported figures. Among smaller assets, Solana ETFs recorded approximately $7.7 million in reported withdrawals, led by $5.9 million from Bitwise’s BSOL. One Solana fund entry remained unreported. Meanwhile, XRP ETFs registered approximately $10.42 million in net outflows, according to SoSoValue-based reporting. The combined withdrawals highlight continued weakness in demand for exchange-traded cryptocurrency exposure. However, ETF redemptions alone do not establish whether investors are reducing overall cryptocurrency holdings, reallocating capital between funds or responding to short-term market volatility.