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US spot Bitcoin ETFs see $1.07B outflows amid Bitcoin's 15% weekly price drop

Market News
16 Nov 2026, 00:49 WIB
CoinMarketCap
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Bearish
US spot Bitcoin ETFs see $1.07B outflows amid Bitcoin's 15% weekly price drop

US spot Bitcoin ETFs experienced $1.07 billion in net outflows from Nov. 9 to Nov. 13, marking the second consecutive week with over $1 billion in redemptions. BlackRock's iShares Bitcoin Trust (IBIT) accounted for about 85% of these outflows and has not seen a net inflow since Oct. 29. The combined assets under management for these ETFs stood at $86.2 billion despite the outflows. This decline coincides with Bitcoin's price dropping about 15% over the past week to around $64,500, reflecting investor caution amid market volatility.

Bitcoin ETFs' recent outflows provide context for cryptocurrency market activity. For readers following crypto, here is Pluang's market snapshot as of Nov 16, 2026 06:21 WIB: out of 50 major cryptocurrencies priced on Pluang, 42 rose and 7 fell today. Notable performers include AAVE at Rp1.983.619 (+9.57%), VET at Rp90 (+8.46%), and UNI at Rp93.725 (+8.14%), with varying typical hold times and order activity ratios.

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