US Bitcoin ETFs Lose $201M as BlackRock Withdrawals Extend the Slump

US-listed spot Bitcoin funds recorded another difficult session on Monday, November 9. The updated Farside Investors flow table shows $201.0 million in net outflows across the group, extending a three-session losing streak. The important detail is that the negative total was not evenly spread across issuers: BlackRock’s IBIT recorded $213.2 million leaving, while Morgan Stanley’s MSBT attracted $22.1 million. TL;DR: Spot Bitcoin ETFs lost a net $201.0 million on November 9, following $430.2 million on November 5 and $411.9 million on November 6. BlackRock drove Monday’s withdrawals, while one smaller fund reported inflows. The figures measure fund creations and redemptions, not the intentions of every Bitcoin investor. Three sessions that add up to more than $1 billion The latest fully reported Farside figures put the consecutive negative sessions at roughly $1.04 billion in aggregate. Thursday’s $430.2 million loss was followed by Friday’s $411.9 million and then Monday’s $201.0 million. That progression shows persistent selling pressure, although Monday’s net outflow was smaller than either of the previous two sessions. Our previous report on Friday’s fund activity documented a s...