UPDATE: Spot crypto ETFs record widespread outflows as ETH sheds $139.7M
CIE News ·
Update to BlackRock's IBIT sees $405.3M in outflows
Based on reporting by Bitcoin.com News; not yet independently confirmed.
U.S. spot Ethereum ETFs logged $139.7 million in net outflows on November 2, while spot Bitcoin ETF redemptions reached $398.62 million.
Spot Ethereum (ETH) exchange-traded funds recorded $139.7 million in net redemptions on November 2, 2026, driven by $138.3 million exiting BlackRock's iShares Ethereum Trust (ETHA). As previously reported, BlackRock's iShares Bitcoin Trust (IBIT) had seen $405.30 million in outflows on the same day, marking its largest single-day withdrawal since June according to Cointelegraph.
Total daily net outflows across all U.S. spot Bitcoin (BTC) ETFs reached $398.62 million on November 2, following a $643.33 million outflow on October 30 reported by Bitcoin.com News. Fidelity's FBTC countered the selling pressure with $6.68 million in net inflows, while other funds including GBTC, BITB, ARKB, and VanEck reported flat activity. Total assets under management for spot Bitcoin ETFs settled at $98.12 billion.
Key facts
- $139.7M ETH ETF net outflows
- $138.3M pulled from ETHA
- $398.62M BTC ETF net outflows
- $98.12B total BTC ETF AUM
Read the original at Bitcoin.com News