Crypto ETFs lose $1.53B as Bitcoin withdrawals continue - Crypto News

The outflows were part of a broader trend across digital asset investment products, with all five tracked fund groups finishing the week with net withdrawals. According to Farside Investors, their combined losses reached $1.5314 billion, based on the sum of daily figures, compared with $1.7006 billion across the same groups during the previous week of Nov. 2–6.

Bitcoin ETFs lead withdrawals

Bitcoin ETFs recorded net outflows every day, bringing their run of negative sessions to seven through Friday. Weekly withdrawals fell about 16.9% from the previous week's $1.282 billion. Monday's $201 million outflow was followed by $95 million on Tuesday. Withdrawals reached $299.8 million on Wednesday, the week's largest daily total, before easing to $284.1 million on Thursday and $185.4 million on Friday.

BlackRock's IBIT lost $908.4 million over the five sessions. Fidelity's FBTC shed $111.3 million, while Morgan Stanley's MSBT attracted $54.4 million, with positive flows on the first four days and no net movement Friday. Across the two November trading weeks, Bitcoin ETFs have lost $2.347 billion.

Ethereum ETFs show mixed week

Ethereum ETFs ended Friday with $2.3 million in net inflows, breaking a six-session run of withdrawals. The small recovery followed four negative sessions earlier in the week. Monday produced $184.6 million in withdrawals, Tuesday lost $1.3 million, Wednesday shed $144.8 million and Thursday recorded $70.5 million in outflows.

Weekly losses reached $398.9 million, about 9.2% above the previous week's $365.2 million. BlackRock's ETHA accounted for $311.1 million of the latest withdrawals, with no net flow on Tuesday or Friday. FETH lost $12.1 million over the week despite Friday's buying.

The selling coincided with losses in the underlying cryptocurrencies. As crypto.news previously reported, Bitcoin fell below $69,000 on Nov. 13, while Ether dropped below $2,000 during the same market selloff.

Smaller cryptocurrencies also affected

Solana funds recorded $32 million in net outflows, compared with $25 million the previous week. Each of the five trading sessions finished negative, although daily withdrawals fell after Tuesday's $13.4 million peak. Bitwise's BSOL lost $12.4 million over the week. Thursday's $1.7 million inflow partly offset withdrawals of $5.9 million on Monday and $8.2 million on Tuesday.

Zcash's ZCSH recorded $30.8 million in weekly withdrawals, compared with $13 million during Nov. 2–6. Wednesday's $14.6 million outflow was the largest, followed by $9.9 million Thursday and $4.1 million Friday. The week brought November withdrawals for ZCSH to $43.8 million across the first 10 trading sessions.

Hyperliquid ETFs lost $4.4 million, with activity concentrated in two funds. THYP shed $5.2 million through withdrawals on Monday and Wednesday, while BHYP attracted $800,000 on Monday. The Hyperliquid group posted zero net flows on Tuesday, Thursday, and Friday, after losing $15.7 million during the previous trading week.