BlackRock's iShares Bitcoin Trust (IBIT) recorded 405.3 million USD in net outflows on Monday, its largest daily outflow since June 26, as US spot Bitcoin ETFs opened November with 398.6 million USD in net withdrawals, according to Farside Investors. Fidelity's Wise Origin Bitcoin Fund (FBTC) attracted 6.7 million USD, partly offsetting the outflows. The funds had recorded 515 million USD in net outflows in October and about 38 million USD so far in 2026. Bitcoin briefly fell below 76,400 USD, its lowest since August, amid broader volatility following the 6.3 billion USD Binance hack. US spot Ether ETFs also saw about 140 million USD in net outflows, extending their losing streak to six trading days after a record 1.61 billion USD in monthly outflows in October. Brickken CEO Edwin Mata said the outflows should not be read as a rejection of digital assets, as investors reduce exposure when uncertainty rises.
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Related tickers and likely impact
BTC/USDT
▼ Likely negativeBitcoin
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 11/02/2026 | 76,816.00 |
| Change that session | -1.96% |
ETH/USDT
▼ Likely negativeEthereum
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $277.2B |
| Close on 11/02/2026 | 2,253.29 |
| Change that session | -0.97% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
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