Crypto ETF Outflows Hit $1.48B as Stocks Attract Buyers

Crypto ETF outflows reached $1.48 billion from November 4 to 10, even as investors poured $37.5 billion into 10 major US stock ETFs. The split, reported by BeInCrypto on November 13, shows that buyers returned quickly to equities after a sharp selloff while crypto fund holders continued to withdraw capital.

Those flows don’t prove that investors have abandoned digital assets for good. But the divergence matters: ETF demand has been a visible source of buying for crypto, and sustained redemptions can remove that support while prices are falling.

• US spot crypto ETFs lost $1.48 billion over five trading days, according to SoSoValue figures cited by BeInCrypto.
• Bitcoin funds accounted for $1.06 billion of the withdrawals; Ethereum funds lost $326 million.
• Funds tracking Solana, XRP, Hyperliquid and Zcash shed a combined $89.4 million.
• Ten major US stock ETFs attracted $37.5 billion over the same period, led by VOO with $16.9 billion.
• Bitcoin and Ethereum ETF flows were negative by a combined $2.25 billion for 2026 through November 11, BeInCrypto reported.

Crypto ETF outflows: timeline of the reversal

1. November 4: Bitcoin and Ethereum ETFs recorded inflows on this day alone during the November 4-10 period, according to BeInCrypto’s SoSoValue-based report.
2. November 5: The S&P 500 suffered its worst day since April 2025. BeInCrypto reported that a US tech selloff erased roughly $3 trillion in value. Stock ETF buyers then returned to the market.
3. November 4-10: Crypto ETFs recorded $1.48 billion in net outflows, while 10 major US stock ETFs took in $37.5 billion. Vanguard’s S&P 500 ETF, VOO, led with $16.9 billion, followed by Invesco’s Nasdaq 100 ETF, QQQ, with $5.3 billion. The figures were attributed to The Kobeissi Letter.
4. November 11: Bitcoin ETF outflows continued for a fifth straight day, BeInCrypto reported. Decrypt separately put the Bitcoin ETF outflow at $299.9 million that day, and said redemptions from November 5-11 totaled about $1.44 billion.
5. November 13: BeInCrypto published its comparison of crypto and stock fund flows. Its report said crypto ETFs had lost $1.48 billion across the earlier five-day window.

Background: a sharp split in fund demand

The comparison is striking because both sides of the market faced a selloff. Yet the buyers’ response differed. BeInCrypto, citing figures attributed to The Kobeissi Letter, said SOXL, a triple-leveraged semiconductor ETF, drew $2.1 billion after the technology slump. That’s a flow into a triple-leveraged product, not evidence that all stock investors were taking the same approach.

Crypto funds, by contrast, saw withdrawals across all six asset groups in the reported window. Bitcoin and Ethereum made up most of the total. The four altcoin ETF groups remained $1.75 billion positive for 2026 through November 11, BeInCrypto said, even though Solana ETFs had not recorded an inflow day since October 21.

There are different measurement windows behind the reported totals. The Block reported that Bitcoin ETFs lost $1.28 billion in the week ending November 6, their worst week since late June, and turned negative for 2026 by about $914.1 million. That earlier weekly figure overlaps with, but is not identical to, BeInCrypto’s November 4-10 total. The periods shouldn’t be added together.

Reactions and market impact

The redemptions coincided with declines across major tokens. BeInCrypto’s weekly snapshot showed Bitcoin down 9.93% to $68,439, Ethereum down 14.26% to $1,924.99, XRP down 15.77% to $1.02 and Solana down 12.08% to $78.99. Zcash fell 28.56% in that same report.

A later market snapshot from CoinGecko, at 08:13 UTC on November 13, put Bitcoin at $68,669, down 9.36% over seven days. Ethereum was $1,934.43, down 13.11%, while XRP was $1.028 and Solana was $79.83. These are separate snapshots, so the prices and weekly changes differ from BeInCrypto’s earlier figures. The Crypto Fear & Greed Index registered 20, classified as Extreme Fear, on November 13, according to Alternative.me.

HashKey senior researcher Tim Sun told Decrypt that the five-day Bitcoin ETF withdrawal was about 2.6% of the funds’ $55.1 billion cumulative net inflows. Sun said that amount alone wasn’t enough to establish a reversal in Bitcoin’s long-term allocation thesis. Decrypt also reported his estimate that the funds’ average holding cost was about $81,000.

That assessment offers context, not a forecast. The flow and price figures describe specific periods, and they do not explain every price move.

Outlook: what to watch next

The next test is whether crypto funds return to daily inflows or continue shedding assets. BeInCrypto described a return to inflows as the clearest sign that ETF buyers are coming back. Its market analysis also flagged $67,000 as a Bitcoin support level after the price fell below its 200-day moving average. That level is an analytical reference, not a confirmed price floor.

BeInCrypto also said traders had fully priced in a December Federal Reserve rate hike following hotter October inflation data. That is a description of market expectations, not a confirmed Fed decision. The report does not establish what crypto prices will do next.

For now, the flow contrast is the useful signal: equity ETF buyers stepped in after a steep decline, while crypto ETF holders kept redeeming. The reported price declines underline market risk, and past flow data do not establish future performance.

FAQ

How much did crypto ETF outflows total?

BeInCrypto reported that US spot crypto ETFs lost $1.48 billion from November 4 to 10, 2026. Bitcoin funds lost $1.06 billion and Ethereum funds lost $326 million over that period.

Why did stock ETF inflows rise while crypto funds lost money?

The reported figures show that buyers returned to major US stock ETFs after the November 5 selloff, while crypto fund holders continued redeeming. The data establish the contrast, but don’t identify a single reason for every investor’s decision.

Do ETF outflows mean Bitcoin’s long-term outlook has changed?

Not by themselves. Tim Sun of HashKey told Decrypt that the reported five-day Bitcoin ETF outflow was a small share of cumulative net inflows and didn’t establish a reversal in long-term allocation. ETF flows are one market signal, not a guarantee about future prices.

Sources

• Major Crypto ETFs Bled $1.5 Billion While Wall Street Went Dip Shopping (BeInCrypto)
• Bitcoin ETFs Bleed $1.4B in Five Days as Investors Cut Risk (decrypt.co)
• Despite NVDA Rout, Investors Have Poured In $37.5B In US Stock ETFs In 5 Days, Here’s Where The Money Went (stocktwits.com)

This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrencies are highly volatile; always do your own research before investing.