U.S. spot Bitcoin exchange-traded products recorded $1.2817 billion in net withdrawals during the five trading sessions ending November 6, 2026. Four sessions were negative, and BlackRock’s iShares Bitcoin Trust (IBIT) accounted for approximately $1.2095 billion of the weekly total. The figures were calculated from Farside Investors’ finalized daily fund-flow table, published through Friday’s close.

A spot Bitcoin exchange-traded product holds Bitcoin while its shares trade on stock exchanges, allowing brokerage investors to gain price exposure without controlling the underlying private keys. Fund flows measure net subscriptions and redemptions, not the entire volume of exchange trades or direct Bitcoin transfers. BitcoinVersus.Tech previously reported the earlier two-session withdrawal surge before the latest full-week results were available.

BlackRock leads the weekly withdrawals

IBIT posted outflows on all five trading days: $405.3 million Monday, $95.0 million Tuesday, $201.2 million Wednesday, $105.0 million Thursday and $403.0 million Friday. Their $1.2095 billion sum represented approximately 94.4% of the net losses across the 12 funds tracked by Farside. The other 11 funds combined lost $72.2 million on a net basis.

Fidelity’s Wise Origin Bitcoin Fund (FBTC) moved differently, attracting a net $93.1 million over the week. It received $236.7 million Wednesday and $42.8 million Friday, despite a $199.9 million Thursday withdrawal. Those fund-level differences caution against describing the entire institutional investor base as making identical decisions. BlackRock’s IBIT product documentation and Fidelity’s fund description explain the structures and investor risks.

One positive session could not offset the selling

The funds lost $398.6 million Monday and $115.6 million Tuesday. Wednesday brought a $74.6 million inflow, a development covered by BitcoinVersus.Tech in its earlier Fidelity-led rebound report. Redemptions resumed Thursday at $430.2 million, followed by $411.9 million Friday.

The Block, analyzing SoSoValue data, reported that the weekly losses pushed the U.S. spot Bitcoin ETF group to approximately $914.1 million in net outflows for 2026 year to date. That yearly measure derives from a separate dataset; Farside’s five-day total independently confirms the latest weekly figure.

ETF flows and Bitcoin market prices are not interchangeable

Net redemptions can create selling pressure when authorized participants and liquidity providers adjust positions, but the published flow numbers do not prove a one-for-one market sale at the same time or establish the reason for Bitcoin’s price movements. Prices, fund share demand, hedging and liquidity conditions interact. BitcoinVersus.Tech earlier documented large October ETF flow reversals, illustrating why one week is insufficient for a long-term forecast.

Fund shares also carry expense ratios, tracking differences and market-hours limitations, while self-custodied Bitcoin offers direct ownership with separate security responsibilities. The November withdrawals contrast with the strong digital-asset ETP inflows BlackRock reported for the third quarter, highlighting how quickly allocation decisions can change.

For miners, sustained weakness in Bitcoin’s dollar value can depress hashprice and narrow electricity margins, although fund-flow figures alone cannot quantify a mining profitability change. The next sessions will show whether the withdrawal trend persists or reverses; the completed November 2–6 figures establish the size of the latest weekly shock, not its future duration.

Editor’s Note: Daily and fund-level figures were verified against Farside Investors’ Bitcoin ETF flow table for November 2–6, 2026. The $1.2817 billion group net withdrawal, $1.2095 billion IBIT outflow, 94.4% share and $93.1 million FBTC net inflow were independently recalculated from listed daily values. The separate 2026 year-to-date estimate is attributed to The Block’s SoSoValue-based November 7 report. Product mechanics were cross-checked with BlackRock and Fidelity. All three charts are original, based on the cited fund data; the cover is an editorial illustration. The CNBC video was published in January 2025 and is historical background, not coverage of the November 2026 outflows. Independent video playback and public mobile/desktop layout testing remain unverified.

To donate 5,000 sats, open the article on a separate display and scan the original QR code with a compatible Bitcoin wallet. On mobile, use another screen or your wallet’s supported image-scanning feature. Verify the destination 3C9o19EH5HSiwEPyCTmEKzxhNCbo2X6TTb before sending.

We volunteer daily to ensure the information on this platform is Verifiably True. If you would like to support the research, please scan QR code.

BitcoinVersus.tech is not a financial advisor. Coverage of Bitcoin markets, investment products and financial risks is provided for informational purposes only.