--- title: "Bitcoin ETFs Head for First Losing Year as Outflows Top $1 Billion" url: https://thecoingazette.com/bitcoin-etfs-head-for-first-losing-year-as-outflows-top-1-billion/ date: 2026-11-12 modified: 2026-11-12 lang: en author: "Coin Gazette Editorial" description: "TLDR US spot Bitcoin ETFs have about $1.1 billion in year-to-date net outflows, the first negative year since their January 2024 launch. The funds lost $299.87 million on Nov. 11, the fifth straight day of withdrawals. Outflows over the five days reached $1.44 billion, the longest streak since July. BlackRock’s fund lost $269.7 million in [...] The post Bitcoin ETFs Head for First Losing Year as Outflows Top $1 Billion appeared first on Blockonomi." categories: - "Crypto News" tags: - "crypto" - "cryptocurrencies" - "Defi" - "Market Trends" - "News" image: https://i0.wp.com/thecoingazette.com/wp-content/uploads/2026/05/logo-with-slogan-1.webp?w=1400&fit=1400,960&ssl=1 word_count: 560 --- # Bitcoin ETFs Head for First Losing Year as Outflows Top $1 Billion TLDR US spot Bitcoin ETFs have about $1.1 billion in year-to-date net outflows, the first negative year since their January 2024 launch. The funds lost $299.87 million on Nov. 11, the fifth straight day of withdrawals. Outflows over the five days reached $1.44 billion, the longest streak since July. BlackRock’s fund lost $269.7 million in one day, about 90% of the total. Morgan Stanley’s fund was the only one to post net inflows, drawing $8.96 million. US spot Bitcoin exchange-traded funds are on track to finish a calendar year with net outflows for the first time since they launched. Year-to-date net outflows stood at about $1.1 billion as of early November 2026, according to Crypto Briefing. The funds first launched in January 2024. Both 2024 and 2025 ended with net inflows into the group. Five Days of Withdrawals The latest data adds to that trend. US spot Bitcoin ETFs recorded combined net outflows of $299.87 million on Nov. 11, according to Trader T data. That marked the fifth straight trading session of withdrawals. Total net outflows over the five days reached $1.44 billion. The current run is the longest streak of daily outflows since July. It comes during a period of weaker Bitcoin prices. BlackRock’s iShares Bitcoin Trust led the declines with $269.7 million in net outflows. That single figure made up about 90% of the day’s total. Grayscale’s Bitcoin Trust also lost money, with net outflows of $39.13 million. Several other funds were flat for the day. Fidelity’s Bitcoin fund, the Grayscale Bitcoin Mini Trust, Bitwise’s Bitcoin fund and ARK Invest’s Bitcoin fund recorded no net inflows or outflows. None of them added or lost money on Nov. 11. DATA: Bitcoin ETFs are now NEGATIVE for 2026, a $25.7 BILLION swing from this point last year. US spot Bitcoin ETFs have seen $1.03 BILLION in net outflows this year through November 9, per Farside. Just 3 weeks ago, they were still up $1.43 BILLION for the year. BlackRock’s… pic.twitter.com/3aI4aJqZ1i — Coin Bureau (@coinbureau) November 11, 2026 Morgan Stanley Fund Stands Apart Morgan Stanley’s spot Bitcoin fund was the only product to post net inflows that day. It drew $8.96 million in new money. The inflow was small compared with the losses at larger funds. Still, it was the only positive figure across the group. BlackRock’s fund has now seen outflows for seven sessions in a row, starting on Oct. 30, 2026. Total withdrawals over that stretch come to about $1.66 billion. The money is leaving because clients are redeeming their ETF shares. BlackRock itself is not choosing to sell Bitcoin. Redemptions run through authorized participants, which are large firms that create and redeem ETF shares. When investors cash out, these firms receive Bitcoin from the fund to settle the trades. Even with the recent withdrawals, BlackRock’s fund remains the largest in the group by a wide margin. It holds about 62% of all US spot Bitcoin ETF holdings. The fund has also gathered roughly $64.8 billion in net inflows since its launch. Most of that money has stayed in the fund. Bitcoin has traded between $73,000 and $74,000 during the latest stretch of outflows. The price sits below its 20-day moving average, according to market data published alongside the flow figures. The post Bitcoin ETFs Head for First Losing Year as Outflows Top $1 Billion appeared first on Blockonomi.