U.S. spot bitcoin ETFs recorded $1.28 billion in net outflows in the week covered by The Block’s November 7, 2026 report, their largest weekly withdrawal since late June. The second consecutive negative week erased their year-to-date net inflows, leaving the funds about $914.1 million negative for 2026, according to The Block’s analysis of SoSoValue data.
The source publication timestamp is November 8, 2026, at 00:45:02 UTC+8. The figures below describe that historical reporting window, not current market conditions.
Bitcoin: withdrawals outweigh one positive session
The weekly outflow ranked seventh-largest since the products launched in January 2024. Wednesday was the only positive session:
| Trading day | Net flow |
|---|---|
| Monday | −$398.6 million |
| Tuesday | −$115.6 million |
| Wednesday | +$74.6 million |
| Thursday | −$430.2 million |
| Friday | −$411.9 million |
The previous larger weekly withdrawal was $1.79 billion in the week ended June 26, which The Block had described as the second-worst week on record. The immediately preceding week recorded $202.6 million in net outflows, including a $643.3 million Friday withdrawal—the largest single-day exit in four months, following what the source described as the record Binance hack.
BlackRock’s IBIT registered $403 million in Friday withdrawals, accounting for about 88% of gross outflows, rather than 88% of the day’s net total. Bitwise’s BITB and Ark & 21Shares’ ARKB each lost about $20 million, while Grayscale’s GBTC lost $11.1 million. Fidelity’s FBTC attracted $42.8 million, partially offsetting those withdrawals, after leading Thursday’s outflows with $199.9 million.
Bitcoin ETFs entered the week with approximately $368 million in year-to-date net inflows, having turned positive in late September. Monday’s withdrawals pushed the annual balance below zero. Across the 12 funds, the value of bitcoin holdings fell 2.3% over the week to $95.9 billion, equivalent to about 6.3% of bitcoin’s market capitalization. IBIT held $60.3 billion in net assets against $65.1 billion in cumulative inflows.
Ether: six consecutive negative weeks
Spot ether ETFs recorded $365.3 million in weekly net outflows, extending their negative streak to six weeks. Approximately $2.02 billion had left the products since late September. The funds had previously recorded two eight-week outflow streaks, most recently matching that record in early July.
Wednesday’s $53 million inflow was their only positive session. Monday produced the largest withdrawal at $139.8 million, followed by $100 million on Thursday and $93.2 million on Friday.
BlackRock’s ETHA accounted for $90.8 million of Friday’s withdrawals, or about 96% of gross losses. Ether ETFs stood at approximately $405.6 million in net outflows for 2026. Weekly net assets declined 2.9% to $12.84 billion, compared with cumulative net inflows of $11.92 billion.
Solana and Hyperliquid: longest withdrawal streaks since launch
Spot Solana ETFs lost $26.3 million during the week, nearly all on Friday. Their fifth consecutive negative week was the longest such run since their October 2025 launch, bringing five-week withdrawals to $165.4 million. The streak began in the week their record 14-week inflow run ended.
Bitwise’s BSOL led Friday’s withdrawals with $14.4 million, followed by Grayscale’s GSOL with $5.4 million. Net assets fell from $1.40 billion to $1.31 billion over the week, although the funds remained approximately $676.2 million positive for the year.
The three publicly traded Hyperliquid ETFs recorded $15.6 million in weekly outflows, also extending their withdrawal streak to five weeks—the longest since they began trading in May. Total outflows over that stretch reached $58.4 million. Net assets fell about 17% during the week to $374.1 million. Bitwise’s BHYP led Friday’s $8 million outflow.
Price context and limits of the flow reading
The withdrawals coincided with a crypto and equities selloff following Tuesday’s U.S. midterm elections. Bitcoin fell 5.6% on Thursday alone. As reported by The Block, analysts linked the decline to a Democratic sweep of Congress and doubts about AI spending. Analysts also suggested that Democratic gains in Texas could slow development in a state with substantial bitcoin-mining and data-center facilities. These were attributed explanations, not demonstrated causes of the ETF withdrawals.
On Saturday morning, The Block’s price pages showed bitcoin near $75,880, ether around $2,244, SOL near $89.84 and HYPE around $77.79.
The flow data show sustained withdrawals across all four ETF categories, but their annual positions differed: Solana funds remained positive for 2026, while bitcoin and ether funds were negative. Net-asset changes should also be distinguished from subscriptions and redemptions; the reported asset declines are not interchangeable with net outflow totals.