Outflows from Bitcoin ETF in the US reached $299.9 million in a day

American spot Bitcoin ETFs recorded a net outflow of $299.9 million on November 11, 2026, according to data from the analytical platform SoSoValue. The majority was attributed to BlackRock's iShares Bitcoin Trust (IBIT) – $269.73 million, or nearly 90% of the total outflow. The decline in flows continued for the fifth consecutive trading session.

$1.44 billion withdrawn from Bitcoin ETFs over five sessions

The Grayscale Bitcoin Trust (GBTC) lost another $39.13 million. The only product with a net inflow was Morgan Stanley's Bitcoin Trust (MSBT): +$8.96 million, while other funds showed no net change. From November 5 to 11, the total outflow reached approximately $1.44 billion.

Meanwhile, the cumulative net inflow since the launch of American spot Bitcoin ETFs in January 2024 remained at $55.1 billion. The total net assets of the funds amounted to $93.7 billion, or about 6.24% of Bitcoin's market capitalization.

Outflows also affected Ethereum funds

On November 11, spot ETFs on Ethereum (ETH) recorded an outflow of $144.81 million. BlackRock's iShares Ethereum Trust (ETHA) accounted for $129.78 million, and another $5.35 million was attributed to the company's ETHB product. This was the fifth consecutive session of net outflow for Ethereum funds as well.

Bitcoin remained below moving averages

As of the preparation of the initial analysis on November 12, Bitcoin was trading around $73,573, having lost approximately 8.3% over the week. The Relative Strength Index (RSI) was at 34.37, approaching the oversold threshold of 30. The price was below the 20-day and 200-day exponential moving averages at $77,057 and $76,417, respectively.

Technical benchmarks from the source indicate support at $72,819 and resistance at $79,321; if the latter is surpassed, $81,383 is considered. Analysts at the Bitfinex crypto exchange on November 11 specifically highlighted $75,717 as the average purchase price of Bitcoin by short-term holders and identified November 22 as the date to test the possibility of returning above the level. These values describe the initial market snapshot and do not guarantee price movement.