Bitcoin and Ether ETFs Lose Almost $1.5B in a Week
Almost $1.5 billion left spot Bitcoin and Ether ETFs in the week ending November 13. BTC funds lost $1.07 billion, $2.35 billion over two weeks, while Ether ETFs logged a seventh straight week of outflows as ETH hit a three-month low.
Almost $1.5 billion walked out of spot Bitcoin and Ether ETFs in the week ending November 13. Bitcoin funds accounted for $1.07 billion in net withdrawals, and Ether funds stretched their outflow streak to seven straight weeks.
On the BTC side, the two-week damage now sits at $2.35 billion. The first full week of November set the tone with $1.28 billion pulled. The next week opened with more than $201 million out on November 9, then $95 million on Tuesday, $300 million on Wednesday, $284 million on Thursday and $185.45 million on Friday. Only one of the 10 business days this month has closed green.
Cumulative net inflows for spot BTC ETFs slid from $57 billion on October 30 to $54.63 billion on November 13.
That is about $2.37 billion gone in two weeks.
Price has tracked the flows. BTC dumped from $81,000 to $62,000 over the past ten days, while ETH dipped to just over $1,700 on Saturday, a three-month low.
Ether ETFs have not posted a green week since late September or early October. Daily flows ran $184.51 million out on Monday, $1.32 million out on Tuesday, $144.81 million out on Wednesday and $70.57 million out on Thursday. Friday finally printed a $2.36 million inflow, a small glimmer of hope. At that size, it is a rounding error against the week's damage. Cumulative ETH ETF net inflows have dropped from $13.94 billion at the end of September to $11.52 billion.
A second count, a different window
A separate tally puts US Bitcoin ETF outflows at $1.91 billion over seven sessions, with BlackRock's IBIT accounting for about $1.42 billion of that. The window differs from the weekly and two-week figures above, so the numbers do not conflict. Binance Research pointed to tighter financial conditions and AI-financing concerns behind the withdrawals.
What it means
The selling did not start this week. US spot Bitcoin ETFs shed $643.2M on Friday, October 31, their biggest outflow of October, after the Oct. 29 Binance hack. Since then, the daily prints have mostly stayed red.
For traders, the read is simple: spot ETF demand has flipped to net selling on both assets. One positive ETH day is not a trend, and with a single green BTC session this month, flows are the number to watch for any sign the bleed is slowing.
