Spot Bitcoin ETFs in the United States recorded net outflows of $185.4 million on November 13. This marks the seventh consecutive day of capital withdrawals from these investment products.
The outflows were concentrated in two major funds: BlackRock's iShares Bitcoin Trust saw withdrawals of $143.5 million, while Fidelity's Wise Origin Bitcoin Fund reported outflows of $41.9 million.
Over the seven-day period, total outflows from Bitcoin ETFs reached approximately $1.91 billion. Cumulative outflows for November have now surpassed $2 billion.
Despite the recent trend, spot Bitcoin ETFs have attracted between $54.8 billion and $55 billion in net inflows since their launch in January 2024. The current seven-day decline represents less than 4% of total lifetime inflows.
In contrast to Bitcoin products, Ethereum ETFs recorded a modest net inflow of approximately $2.3 million to $2.36 million on November 13. During this period, Bitcoin traded between $68,000 and $73,000.
