US spot Bitcoin exchange-traded funds lost $1.07 billion in net assets during the trading week that ended on Nov. 13, 2025. The withdrawals marked the second consecutive week of significant capital flight from the investment vehicles, according to data analyzed by SoSoValue and The Block. Across the broader market, combined US spot crypto ETFs recorded approximately $1.55 billion in net outflows for the period.
Bitcoin funds face sustained withdrawals
Every one of the five trading sessions during that week saw net withdrawals from Bitcoin ETFs. The daily outflows were distributed as follows: $201.1 million on Monday, $95 million on Tuesday, $299.9 million on Wednesday, $284 million on Thursday, and $185.5 million on Friday. This consistent negative flow pushed the total Bitcoin ETF outflows for the month of November to approximately $2.35 billion after nine trading sessions.
BlackRock’s iShares Bitcoin Trust, known by its ticker IBIT, accounted for the majority of Friday’s withdrawals. The fund saw $143.5 million in outflows, representing 77% of the total Bitcoin ETF withdrawals for that day. Fidelity’s FBTC recorded $41.9 million in outflows on Friday. The remaining 10 Bitcoin funds in the tracked group reported no net flows on the final trading day.
The year-to-date picture for Bitcoin ETFs remains negative. The category has reached approximately $1.98 billion in net outflows for 2026. These capital movements occurred alongside a decline in the underlying asset’s price. Bitcoin dropped below $69,000 on Friday, marking its lowest level since August 20. By Saturday, the cryptocurrency was trading near $65,650.
Ethereum and altcoin ETF trends
Ethereum investment products followed a similar downward trajectory. US spot Ether ETFs recorded approximately $398.9 million in net withdrawals during the week. This marked the seventh consecutive negative week for these funds. Cumulative outflows for Ether ETFs since late September have reached approximately $2.42 billion. Daily flows for Ether ETFs included $184.5 million in outflows on Monday, $144.8 million on Wednesday, and $70.6 million on Thursday. Friday provided a brief reprieve, with the category seeing approximately $2.4 million in net inflows, ending a six-session withdrawal streak. Fidelity’s FETH led Friday’s inflows with $11.6 million, while Grayscale’s Ethereum Mini Trust recorded $9.3 million in outflows on the same day.
Spot Solana ETFs continued their losing streak, losing approximately $32.1 million during the week. This was the sixth consecutive negative week for the category, the longest streak since their launch in October 2025. Solana ETFs recorded outflows during every trading session last week, a seven-session daily losing streak. Despite the recent withdrawals, Solana ETFs remain positive for 2026, with approximately $644.1 million in net inflows since launch. Grayscale’s ZCSH, the only US spot Zcash ETF, recorded $30.7 million in weekly withdrawals. Its net assets fell 32% to $523.7 million.
XRP ETFs lost approximately $19.1 million during the week. This was their second consecutive negative week and represented the largest weekly outflow for the category since mid-March. Among the 15 tracked crypto ETF groups, Avalanche ETFs were the only category to attract net inflows during the week ending Nov. 13.
