Bitcoin ETFs Post Fourth Straight Day of Outflows as 2026 Total Tops $1.1 Billion

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Bitcoin ETFs Post Fourth Straight Day of Outflows as 2026 Total Tops $1.1 Billion

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U.S. spot bitcoin ETFs recorded a fourth straight day of net outflows on Nov. 10, pushing 2026 flows past $1.1 billion in the red. The outflows line up with a turn in rate expectations after a hotter-than-expected CPI print and a Goldman Sachs rate hike forecast.

U.S. spot bitcoin exchange-traded funds (ETFs) lost $95 million in net outflows on Nov. 10, according to Sosovalue data, extending their losing streak to four days. Total net assets across the funds stood at $92.82 billion.

2026 flows swing from gains to losses

The funds were up $1.43 billion for the year three weeks ago, but sat at $1.03 billion in net outflows as of Nov. 9. Adding Tuesday's $95 million pushes the 2026 total past $1.1 billion.

If the trend holds through December, 2026 would be the first calendar year of net outflows since U.S. spot bitcoin ETFs debuted in January a couple of years ago. On Oct. 20, Blackrock posted its biggest yearly inflow as its ETFs added $527 million in a single session.

IBIT drives the selling

Blackrock's iShares Bitcoin Trust (IBIT) has driven most of the selling, with seven consecutive days of outflows since Oct. 30 totaling $1.66 billion. On Nov. 9, IBIT lost $213.2 million while the overall group saw $201.1 million leave.

November has brought net outflows on six of seven trading days, totaling roughly $1.58 billion, with the worst day on Nov. 5 at $430.2 million. The only green session was Nov. 4, when Fidelity's FBTC took in $236.7 million.

Rate expectations turn against bitcoin

The outflows line up with a turn in rate expectations. October's U.S. consumer price index came in at 0.4% month over month against a 0.3% forecast, and bitcoin crashed to $72,787 after the release.

Goldman Sachs now forecasts two 25-basis-point hikes in December and March 2027, Whale Insider reported. Bitcoin is trading near $73,700, down about 1.5% over 24 hours.

Some traders read the washout as a contrarian signal. Analyst Joe Consorti argued that holding the 200-day moving average would make this "just a correction inside a bull market."

Source: Bitcoin News

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