Bitcoin, Ethereum ETFs Lose $444.6M as IBIT Sheds $269.7M - FinanceFeeds
U.S. cryptocurrency ETFs recorded combined net outflows of $444.6 million on November 11, 2026, with Bitcoin funds losing $299.8 million and Ethereum products shedding $144.8 million.
The outflows extended a difficult period for cryptocurrency investment funds following substantial market declines and a broader reduction in investor risk appetite. Solana ETFs registered an additional $5.9 million in outflows, bringing combined withdrawals across Bitcoin, Ethereum, and Solana categories to approximately $450.5 million.
BlackRock's IBIT Drives Bitcoin ETF Outflow
Bitcoin ETFs experienced their fifth consecutive trading session of net withdrawals, accelerating from $95 million on November 10 to $299.8 million on November 11. BlackRock's iShares Bitcoin Trust (IBIT) recorded $269.7 million in redemptions, accounting for approximately 90% of the category's net outflow.
BlackRock's continued withdrawals are particularly significant because IBIT remains one of the largest institutional investment vehicles providing direct Bitcoin exposure.
Ethereum and Solana ETFs Extend Withdrawals
Ethereum ETFs recorded $144.8 million in net outflows, reversing the relative stability observed on November 10. BlackRock's iShares Ethereum Trust (ETHA) led the decline with $129.8 million in redemptions. The latest session marked Ethereum ETFs' fifth consecutive trading day of net outflows.
Solana ETFs also recorded continued selling, with withdrawals moderating from $13.4 million on November 10 to $5.9 million on November 11. The figures indicate that selling pressure is affecting several cryptocurrency ETF categories rather than Bitcoin alone.
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