{
  "id": 19122548,
  "title": "Bitcoin ETFs shed $1.3B in biggest weekly outflow since late June",
  "url": "https://urgent.news/2026/11/09/bitcoin-etfs-shed-1-3b-in-biggest-weekly-outflow-since-late-june",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-09T08:17:35.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/markets/bitcoin-etfs-13b-biggest-weekly-outflow-late-june"
  },
  "original_language": "en",
  "account": "Investors withdrew a total of $1.21 billion from BlackRock's IBIT Bitcoin ETF last week, as Bitcoin's price fell below $76,000 and US technology stocks experienced declines. US spot Bitcoin ETFs saw $1.28 billion in net outflows last week, marking their largest weekly withdrawals since late June. The year-to-date net outflows for these funds amount to approximately $919 million, according to SoSoValue. Since October 30, IBIT alone recorded $1.44 billion in net outflows, extending a losing streak of six consecutive trading sessions. Fidelity's Wise Origin Bitcoin Fund (FBTC) experienced net inflows of $93 million during the same period. Factors contributing to the outflows included shifting expectations for US interest rates, uncertainty following the midterm elections, and weakness in technology stocks. Crypto markets were also affected by investors reevaluating the prospects of the CLARITY Act being passed by Congress before the year's end. The Crypto Fear & Greed Index reading stood at 25, and Coinbase Premium was negative, indicating Bitcoin was trading at a discount relative to the benchmark. Analysts described the market as being in a \"breakdown and bottom-seeking phase,\" with an upcoming US inflation data and Federal Reserve signals to watch. Bitcoin's price was $74,049 at publication, down 5% over seven days and 2.3% over 24 hours.",
  "summary": "Investors pulled a net $1.21 billion from BlackRock’s IBIT last week as Bitcoin fell below $76,000 and US technology stocks sold off.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}