ETFs · Explained
Crypto ETFs lose $1.53B in week as Bitcoin funds lead exits
US crypto ETFs posted another week of net withdrawals, with Bitcoin and Ethereum products accounting for most of the $1.53 billion total.
Key takeaways
- Broad retreat. All five fund groups tracked by Crypto.news finished the week negative, while Bitcoinist said most of the 15 categories it followed also saw withdrawals.
- Bitcoin streak. US spot Bitcoin ETFs fell in every session and extended their negative run to seven, with BlackRock's IBIT accounting for most weekly losses.
- Ethereum rebound. Ether ETFs lost $398.9 million but eked out Friday inflows, ending a six-session withdrawal streak.
What happened
US exchange-traded funds holding Bitcoin, Ether, Solana, Hyperliquid and Zcash all ended the trading week of Nov. 9, 13 with net withdrawals, Crypto.news reported, citing Farside Investors. The five groups lost a combined $1.5314 billion. Bitcoin funds accounted for $1.065 billion, Ether funds $398.9 million, Solana funds $32 million, Zcash funds $30.8 million and Hyperliquid funds $4.4 million.
Bitcoinist, using SoSoValue data, described a wider retreat: about $1.55 billion left US spot crypto ETFs across 15 tracked groups, and Avalanche funds were the only category with net inflows. It put Bitcoin ETF withdrawals at roughly $1.07 billion.
Bitcoin ETFs were negative in all five sessions, Crypto.news reported, extending their losing run to seven sessions. Daily outflows were $201 million, $95 million, $299.8 million, $284.1 million and $185.4 million. BlackRock's IBIT lost $908.4 million over the week, while Fidelity's FBTC shed $111.3 million and Morgan Stanley's MSBT attracted $54.4 million. Bitcoinist reported that IBIT accounted for $143.5 million of Friday's withdrawals, about 77% of the day's total.
Ether funds lost $398.9 million but finished Friday with $2.3 million in net inflows, ending six negative sessions, according to Crypto.news. BlackRock's ETHA accounted for $311.1 million of the weekly withdrawals, while Fidelity's FETH lost $12.1 million despite Friday buying. Solana funds lost $32 million in a sixth consecutive negative week, and Zcash's ZCSH shed $30.8 million; Bitcoinist said ZCSH net assets fell 32% to $523.7 million. Hyperliquid's THYP lost $5.2 million, partly offset by $800,000 into BHYP.
First $82.1KLatest $65.3K-20.6% over the period
Points are daily observations, not closing prices.
Why it matters
Concentration in the two largest categories made the week notable. Bitcoin and Ether funds together lost $1.4642 billion, about 95.6% of the five-group total tracked by Crypto.news. Bitcoinist reported that Bitcoin ETFs had their largest monthly outflows since June and that Ether ETFs were on a seventh straight negative week, with about $2.42 billion withdrawn since late September. Those figures point to a broad reduction in institutional exposure rather than a single-fund event, even as Avalanche products showed limited demand. The reports also noted that selling spread beyond the top two assets, with Solana funds recording a sixth straight negative week and XRP funds a second consecutive negative week.
What the data shows
Comparisons with the prior week were mixed. Crypto.news said the five-group total was $169.2 million lower than the $1.7006 billion recorded Nov. 2, 6, a decline of about 9.9%. Bitcoin outflows fell 16.9% from $1.282 billion, and Hyperliquid outflows eased from $15.7 million. Ether, Solana and Zcash outflows increased, from $365.2 million, $25 million and $13 million respectively. Farside's cumulative net-flow figure for Bitcoin ETFs remained positive at about $54.7 billion through Nov. 13. Bitcoinist, citing SoSoValue, said Bitcoin ETFs had lost about $2.35 billion in November after nine sessions and were about $1.98 billion negative for 2026.
Background
In reports published Nov. 14, both outlets linked the withdrawals to a weaker crypto market. Crypto.news noted that Bitcoin fell below $69,000 on Nov. 13 and Ether dropped below $2,000 in the same selloff. Bitcoinist said Bitcoin reached its lowest level since Aug. 20 and later traded near $65,650 on Saturday, citing The Block's price data. It also noted that Solana ETFs launched in October 2025 and that Grayscale's ZCSH was currently the only US spot Zcash ETF. The two outlets used different fund universes and data providers, which explains small differences in weekly totals and individual fund figures.
What to watch
Investors will watch whether the next set of flow data shows Bitcoin ETF withdrawals slowing after seven negative sessions, and whether Ether funds can build on Friday's small inflow. The length of Solana's outflow streak and the performance of smaller categories such as Avalanche and XRP are also in focus. The reports did not forecast future flows.
Questions readers ask
What drove the crypto ETF outflows?
The reports linked the withdrawals to losses in Bitcoin and Ether, with Bitcoin falling below $69,000 and Ether below $2,000 during the week, alongside a broader retreat from crypto investment products.
How much did Bitcoin ETFs lose?
Crypto.news cited Farside data showing $1.065 billion in weekly Bitcoin ETF outflows, while Bitcoinist cited SoSoValue data showing roughly $1.07 billion. Their broader crypto ETF totals were about $1.53 billion and $1.55 billion respectively.
Did any crypto ETF category gain?
Crypto.news' five tracked groups all finished the week negative. Bitcoinist, looking at 15 categories, said Avalanche funds were the only group to attract net inflows.