Bitcoin spot ETFs lose $2.35B over 11 sessions as BTC falls to 12-week low

U.S. spot Bitcoin exchange-traded funds recorded $2.35 billion in net outflows across 11 trading sessions through November 13, 2026. The sell-off was led by BlackRock's iShares Bitcoin Trust (IBIT), which accounted for $2.12 billion, or roughly 90%, of November withdrawals. The heavy redemptions coincided with Bitcoin dropping around 6% to $69,000, breaking below $70,000 for the first time since August amid broader tech sector turmoil, hot U.S. inflation data, and MSCI benchmark adjustments.

Bitcoin ETF outflows streak

• ▪Spot Bitcoin ETFs recorded $1.07 billion in net outflows between November 9 and November 13, 2026, following $1.28 billion in redemptions the prior week
• ▪U.S. spot Bitcoin exchange-traded funds recorded $2.35 billion in net outflows over two consecutive weeks ending November 13, 2026
• ▪Fidelity's Wise Origin Bitcoin Fund (FBTC) shed $41.9 million in net outflows on Friday, November 13, 2026
• ▪On Friday, November 13, 2026, U.S. spot Bitcoin ETFs registered $185.4 million in net outflows, following $284.1 million on Thursday and $299.8 million on Wednesday

Macro triggers for BTC decline

• ▪Hotter-than-expected U.S. inflation data reignited concerns of Federal Reserve interest rate tightening, dampening investor demand for cryptocurrencies in November 2026
• ▪Index provider MSCI ruled that Strategy would be removed from its global benchmarks at the end of November 2026
• ▪Market turmoil tied to tech sector disruption, including the removal of Nvidia's chief executive officer, pressured technology stocks and Bitcoin in November 2026

IBIT withdrawal dominance

• ▪BlackRock's IBIT total net outflows reached approximately $2.35 billion over its 11-session withdrawal streak starting October 30, 2026
• ▪BlackRock's iShares Bitcoin Trust (IBIT) experienced $143.5 million in net outflows on Friday, November 13, 2026, extending its withdrawal streak to 11 consecutive sessions
• ▪BlackRock's IBIT lost $908.4 million during the week ending November 13, 2026, after shedding approximately $1.21 billion the previous week
• ▪BlackRock's IBIT November 2026 net withdrawals reached $2.12 billion, accounting for roughly 90% of total net Bitcoin ETF market outflows during the month

Bitcoin price drop context

• ▪Bitcoin traded below the $70,000 price mark on November 13, 2026, reaching its lowest level since August 20, 2026, according to Dow Jones Market Data
• ▪Bitcoin fell around 6% over a 24-hour period to trade at approximately $69,000 on Friday, November 13, 2026