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US Bitcoin ETFs see $47.7M outflows as BTC falls nearly 5% below $70K

Market News
13 Nov 2026, 14:48 WIB
Coinpaper
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Bearish
US Bitcoin ETFs see $47.7M outflows as BTC falls nearly 5% below $70K

US spot Bitcoin ETFs experienced $47.7 million in net outflows on November 12, marking the sixth consecutive day of withdrawals amid renewed selling pressure on Bitcoin. The price of Bitcoin dropped nearly 5% in 24 hours, falling below the key $70,000 level for the first time since August, trading around $69,286. Major ETFs like Bitwise's BITB and ARK 21Shares' ARKB saw significant outflows, while Morgan Stanley's ETF attracted some new capital. The selloff reflects broader market uncertainty linked to weak tech stocks and concerns over tighter Federal Reserve policies, with investors closely watching for signs of renewed buying demand to stabilize prices.

Bitcoin ETFs and their recent outflows provide context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, 19 of 50 priced assets rose and 30 fell today. Notable movers include YFI at Rp32.897.975 with a 3.17% decline, ETH at Rp35.725.901 down 2.84%, and XLM at Rp2.697 up 2.78%, as of Nov 13, 2026 19:21 WIB.

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