U.S. Spot Bitcoin ETFs Record $185.4 Million in Nov. 13 Outflows

U.S. spot Bitcoin (BTC) exchange-traded funds recorded $185.4 million in net outflows Nov. 13, extending the streak to seven sessions as withdrawals over the latest five trading days topped $1 billion.

BlackRock’s iShares Bitcoin Trust (IBIT) accounted for $143.5 million of the day’s outflows. Fidelity Wise Origin Bitcoin Fund (FBTC) had $41.9 million in outflows. Neither fund’s withdrawals were offset by inflows elsewhere: the other funds in the group — BITB, ARKB, BTCO, EZBC, BRRR, HODL, BTCW, MSBT, GBTC and BTC — each recorded zero net flow.

The Nov. 13 total was lower than the $284.1 million outflow the previous trading session. The streak began Nov. 5 and continued through Nov. 6, Nov. 9, Nov. 10, Nov. 11, Nov. 12 and Nov. 13. The Nov. 11 session recorded $299.8 million in net outflows.

For the five sessions from Nov. 9 through Nov. 13, the funds had $1.0653 billion in combined net outflows. Their cumulative net inflow since launch stood at $54.701 billion.