US spot crypto ETFs log $538M in net outflows
CIE News ·
Based on reporting by Bitcoin.com News; not yet independently confirmed.
U.S. spot digital asset ETFs recorded $538.3 million in net outflows on November 3, 2026, driven by redemptions from BlackRock funds.
Institutional flow reports on November 3, 2026, showed that U.S. spot crypto ETFs saw $538.3 million in aggregate net outflows. Spot Bitcoin (BTC) funds recorded $398.62 million in net withdrawals, bringing total two-day exits across the products to $1.04 billion according to Bitcoin.com News. BlackRock's iShares Bitcoin Trust registered $405.30 million in net outflows, while Fidelity's Wise Origin Bitcoin Fund countered with $6.68 million in net inflows.
Spot Ethereum (ETH) ETFs shed $139.70 million on the same day, with BlackRock's iShares Ethereum Trust accounting for $138.30 million of the redemptions. Financefeeds.com separately reported aggregate crypto ETF outflows of $545.3 million for the session. To handle the ETF redemptions, BlackRock transferred $702 million in assets to Coinbase Prime, consisting of 7,244 BTC and 63,598 ETH.
Key facts
- $538.3M net ETF outflows
- $398.62M pulled from Bitcoin ETFs
- $139.70M left Ethereum ETFs
- $702M moved to Coinbase Prime
Read the original at CryptoRank