Crypto ETFs lose $1.53 billion, led by Bitcoin withdrawals

The groups lost $1.7006 billion during Nov. 2–6. The latest decline was not uniform: Bitcoin and Hyperliquid funds saw smaller outflows than the week before, while Ethereum, Solana and Zcash funds lost more. Selling coincided with a broader market drop; Bitcoin fell below $69,000 on Nov. 13, and Ether slipped below $2,000 during the same selloff.

Bitcoin ETFs recorded $1.065 billion in net withdrawals, with outflows in each of the five sessions and a seven-session negative run through Friday. Wednesday was the largest day, at $299.8 million. BlackRock’s IBIT lost $908.4 million for the week, while Fidelity’s FBTC shed $111.3 million. Morgan Stanley’s MSBT gained $54.4 million. Across the first two November trading weeks, Bitcoin ETFs lost $2.347 billion, though Farside’s cumulative net-flow total remained positive at about $54.7 billion through Nov. 13.

Ethereum ETFs lost $398.9 million for the week, up from $365.2 million the week before. They returned to a small net inflow on Friday, gaining $2.3 million after six sessions of withdrawals. BlackRock’s ETHA accounted for $311.1 million in weekly outflows. Bitcoin and Ethereum funds together lost $1.4642 billion, or roughly 95.6% of the combined total.

Solana ETFs recorded $32 million in outflows, compared with $25 million the previous week, and all five sessions ended negative. Zcash’s ZCSH lost $30.8 million, more than twice the $13 million withdrawn in the prior week. Hyperliquid funds lost $4.4 million, down from $15.7 million; most activity came from THYP, which shed $5.2 million, and BHYP, which gained $800,000.