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Bitcoin ETFs saw $399M outflows led by BlackRock's IBIT; Ether ETFs extended six-day redemption streak.

Market News
03 Nov 2026, 07:22 WIB
Crypto Briefing
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Bearish
Bitcoin ETFs saw $399M outflows led by BlackRock's IBIT; Ether ETFs extended six-day redemption streak.

On November 2, US spot Bitcoin ETFs experienced net outflows of approximately $399 million, primarily driven by BlackRock's iShares Bitcoin Trust (IBIT) which alone saw $405.3 million in redemptions. Despite this, other Bitcoin ETFs collectively had slight inflows. Meanwhile, spot Ether ETFs continued a six-day streak of net redemptions, losing $140 million on the same day following a record $1.61 billion outflow in October. These outflows represent less than 0.5% of Bitcoin ETF assets but over 1% of Ether ETF assets, with a recent Binance security incident possibly influencing investor behavior. Continued redemptions could pressure the spot market, and investors will watch if Ether ETFs break their outflow streak or if Bitcoin ETF flows remain concentrated in IBIT.

US Bitcoin and Ether ETFs experienced notable outflows recently. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Nov 03, 2026 12:21 WIB: out of 50 major cryptocurrencies priced on Pluang, 5 rose and 44 fell today. Among movers, BAL (Balancer) rose 11.14% to Rp16.297, EOS (EOS.IO) rose 8.13% to Rp12.649, while SXP (Solar) dropped 46.27% to Rp37.

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