BLK · News · 20261103N

Bitcoin ETF Demand Trends

BlackRock, Inc. · 2026-11-03 · Importance 20 · Surprise 24

U.S. spot Bitcoin and Ethereum ETFs reportedly had $538.3 million of outflows on November 2, with BlackRock funds accounting for the majority. The reporting cited $398.6 million of Bitcoin ETF outflows and $139.7 million from Ethereum funds, alongside two-day Bitcoin outflows of $1.04 billion and six consecutive days of Ethereum ETF outflows. A separate report said BlackRock’s iShares Bitcoin Trust (IBIT) saw more than $405 million exit in its largest single-day withdrawal in months, amid market stability fears and a Binance security breach.

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