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BlackRock IBIT sheds $405.30 million as spot bitcoin ETFs post second day of outflows

BlackRock IBIT sheds $405.30 million as spot bitcoin ETFs post second day of outflows

Photo: TokenPost

U.S. spot bitcoin ETFs recorded net outflows for a second consecutive trading day. Data from SoSoValue showed net outflows of $398.62 million on November 2, 2026. The outflow streak began on October 30, with daily withdrawals narrowing by about 38% in the latest session. Cumulative net inflows stood at $56.58 billion. Among the 12 ETFs, Fidelity’s FBTC was the only fund to attract net inflows, taking in $6.68 million. BlackRock’s IBIT was the only fund to record net outflows, losing $405.30 million. Its withdrawals exceeded the inflows into Fidelity’s FBTC. Total trading volume for spot bitcoin ETFs reached $1.99 billion.

Source: TokenPost

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