Summary
- Year-to-date investor withdrawals from Bitcoin ETFs have surpassed the $1 billion mark.
- Just this week alone, these vehicles experienced more than $500 million in net withdrawals.
Exchange-traded funds tracking spot bitcoin (BTC $68,598.53), which serve as a common gauge for institutional interest, have lost their appeal among investors.
As calculated by CoinDesk using metrics from SoSoValue, these funds based in the United States currently sit in negative territory for the year, showing $1.56 billion in cumulative net withdrawals.
The decline occurred rapidly. By October 29, the products had accumulated roughly $1.01 billion in yearly gains. A massive single-day withdrawal of $643.3 million on October 30 subsequently reduced their positive balance to $368 million.
The downturn was driven by significant weekly withdrawals. Through Thursday, the funds shed $643.6 million this week, following losses of $1.28 billion the preceding week and $202.6 million the week prior to that.
This marks the twelfth week in the current year where net withdrawals exceeded $500 million. By comparison, there were 15 such weekly periods throughout the entirety of 2025 and only four during 2024.
If four additional weeks of heavy withdrawals occur during the final six weeks of the year, 2026 will set a new record. That would represent a dramatic reversal from 2025 and 2024, periods during which these funds attracted net inflows of $21.37 billion and $35.24 billion, respectively.
This swift wave of capital withdrawal accounts for the recent market decline. Early Friday, Bitcoin dropped beneath the $70,000 threshold, reaching its lowest valuation since August.
Originally published at https://www.coindesk.com/markets/2026/11/13/bitcoin-etfs-are-now-down-over-usd1-5-billion-in-net-outflows-for-the-year.
