BlackRock's Bitcoin ETF Loses $1.66 Billion as Investors Pull Back

BlackRock's IBIT lost $213.2 million on Monday, 9 November. That is more than the $201.0 million net outflow across all US spot Bitcoin ETFs that day, per Farside Investors' daily flow table. Because IBIT's loss exceeded the group total, the other funds finished the day slightly positive on a combined basis. The largest offset was $22.1 million into the Morgan Stanley Bitcoin Trust ETF (MSBT).

• Recent selling in US spot Bitcoin ETFs is concentrated in BlackRock's IBIT, while some rival funds took in money.
• IBIT lost $213.2 million on 9 November, after a $403.0 million outflow on 6 November, per Farside.
• The next signal is whether IBIT's daily outflows keep matching or exceeding the group's net flow in Farside's coming prints.

IBIT Against the Group on Four Verified Days

Farside's table answers the reader's question directly when IBIT is set beside the whole group. The figures below are daily net flows in US dollars, taken from Farside's Bitcoin ETF page on 10 November 2026.

On two of the four days, 2 November and 9 November, IBIT's outflow was larger than the group's net outflow. On 6 November, IBIT accounted for $403.0 million of the $411.9 million that left the group. Those two days, 2 and 6 November, were IBIT's heaviest in this set.

Fidelity's FBTC Took the Other Side on 4 November

The 4 November row is the clearest case against a blanket exit from Bitcoin ETFs. IBIT lost $201.2 million that day, yet the group took in a net $74.6 million. Fidelity's FBTC absorbed $236.7 million, and three smaller funds added $15.2 million, $19.9 million and $4.0 million.

FBTC was also positive on 2 November ($6.7 million) and 6 November ($42.8 million). The rest of the field was mixed on 6 November, when three other funds posted outflows of $20.5 million, $20.1 million and $11.1 million. So the selling was not confined to BlackRock that day, but IBIT carried nearly all of it.

The pattern on these four days points to money leaving IBIT faster than it is leaving the asset class. That reading rests only on flow data. It does not show why holders are redeeming, or whether the same investors are moving into rival funds.

The $1.66 Billion Streak Total Is Not Confirmed Here

Market reports put IBIT's run of outflows since 30 October at $1.66 billion over seven sessions. The Farside rows for 30 October, 3 November and 5 November were not checked for this article, so that total and the length of the streak are not confirmed here. A year-to-date figure for net withdrawals across the group has also been reported, but it rests on a single source and is not confirmed.

What the verified rows do show: IBIT recorded an outflow on each of the four days above, and those days include its two largest in the set. Earlier coverage tracked Bitcoin's slide as ETF outflows and liquidations hit.

Will Bitcoin ETF Outflows Spread Beyond BlackRock?

The concentration case holds while IBIT's daily outflow stays close to, or above, the group's net figure, and while FBTC and MSBT keep printing inflows. If FBTC and the smaller funds start posting outflows alongside IBIT, the group total would fall well below IBIT's own number, and the story would shift from BlackRock-specific selling to a broader retreat from spot Bitcoin ETFs. Farside's next daily rows will show which way that runs.