Bitcoin ETF Outflows Hit $1.44 Billion as Fresh Capital Dries Up

By Isaac • November 12, 2026 7:25 am •

Five straight days of selling in U.S. spot Bitcoin exchange-traded funds are exposing the question that matters more than the headline outflow number: where is the next wave of fresh capital supposed to come from?

Decrypt reports that the funds lost roughly $1.44 billion from November 5 through November 11, including $299.9 million on Wednesday. November outflows have now reached about $1.88 billion after another $520 million left in October.

The five-day withdrawal equals about 2.6% of the funds’ cumulative $55.1 billion in net inflows. The drawdown is limited relative to the entire ETF base, but it has persisted.

Total net assets have fallen to $93.7 billion from a $169.5 billion peak in October 2025, reflecting