Bitcoin ETF outflows hit $2.35 billion in two weeks, IBIT sees 90% of redemptions

Net outflows from spot Bitcoin exchange-traded funds (ETFs) in the United States reached $2.347 billion across the first two trading weeks of November, representing sustained pressure on one of the market’s most watched vehicles for institutional demand. According to calculations by Brave New Coin (BNC), using data from Farside Investors, U.S.-listed spot Bitcoin funds recorded $1.0653 billion in net redemptions between November 9 and November 13. In the preceding week, redemptions totaled $1.2817 billion, bringing the two-week combined outflow to over $2.3 billion.