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U.S. Bitcoin ETFs see $299.9M outflows as BlackRock leads five-day withdrawal streak.

12 Nov 2026, 10:38 WIB
Crypto news
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Bearish
U.S. Bitcoin ETFs see $299.9M outflows as BlackRock leads five-day withdrawal streak.

U.S. spot Bitcoin exchange-traded funds (ETFs) recorded $299.9 million in net outflows on November 11, with BlackRock's iShares Bitcoin Trust (IBIT) accounting for nearly 90% of the withdrawals. This marks the fifth consecutive trading session of outflows, totaling about $1.44 billion since November 5, signaling weakening demand for these products despite cumulative net inflows of $55.1 billion since their launch in January 2024. Ethereum ETFs also faced $144.81 million in withdrawals, led by BlackRock's iShares Ethereum Trust (ETHA). Bitcoin's price hovered near $73,573 amid technical indicators showing weak buying momentum and resistance below key moving averages, suggesting potential challenges ahead for recovery.

The story on BlackRock-led Bitcoin ETF outflows provides context for cryptocurrency market activity on Pluang as of Nov 12, 2026 15:11 WIB: out of 50 major cryptocurrencies, 14 rose while 35 fell. EOS gained 8.13% to Rp12,649 with a typical hold time of 87 days, contrasting with AAVE which dropped 4.72% to Rp2,120,151 despite a longer hold time of 107 days. ONE also rose 7.13% to Rp31, showing a buy bias with 59% of orders on Pluang being buys, compared to 41% sells.

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