Bitcoin ETFs Lose $411.9M on Friday as BlackRock Drives the Selling

Brief

By Dextape Desk · November 7, 2026

US spot Bitcoin ETFs recorded a net outflow of $411.9 million on November 6, according to data from Farside Investors. Most of that came from BlackRock's IBIT, which saw $403 million in redemptions. Bitwise's BITB, ARK 21Shares' ARKB and Grayscale's GBTC also shed funds, while Fidelity's FBTC took in $42.8 million. Across the first five sessions of November, withdrawals reached roughly $1.28 billion. The report stresses that these figures show movement in specific fund shares, not who the investors were or whether they sold Bitcoin on exchanges. Earlier, a $74.6 million net inflow arrived on November 4, helped by Fidelity. Readers were advised to watch net creations across the largest funds, trading volume and spot liquidity, and to distinguish final daily data from preliminary figures.

Why it matters: Continued redemptions concentrated in a few large products show how ETF flows can signal shifts in regulated Bitcoin exposure, though the data alone does not reveal investor motives.

Mentioned: Bitcoin, BlackRock, Fidelity

Summary by Dextape, based on reporting by NewsBTC. Machine-written from NewsBTC’s report and checked against it · How Dextape writes