US crypto ETFs tracking Bitcoin, Ethereum, Solana, Hyperliquid and Zcash recorded a combined $1.53 billion in net outflows during the trading week of Nov. 9–13, with Bitcoin funds accounting for most of the withdrawals.
Summary
- Bitcoin ETFs lost $1.065 billion, while BlackRock’s IBIT recorded withdrawals on all five trading days.
- Ethereum ETFs shed $398.9 million despite returning to a small net inflow on Friday.
- Solana and Zcash funds lost $32 million and $30.8 million, respectively, during the week.
- Hyperliquid ETFs posted $4.4 million in net outflows, down from $15.7 million the previous week.
According to Farside Investors, all five tracked fund groups finished the week with net withdrawals. Their combined losses came to $1.5314 billion, based on the sum of the daily figures, compared with $1.7006 billion across the same groups during Nov. 2–6.
The weekly decline in withdrawals was uneven. Bitcoin and Hyperliquid funds lost less money than in the previous week, while Ethereum, Solana and Zcash funds recorded larger net outflows.
Across the five groups, net withdrawals were $169.2 million lower than the previous week, a decline of about 9.9%. Bitcoin accounted for nearly 70% of the latest combined total, followed by Ethereum at roughly 26%.
The selling coincided with losses in the underlying cryptocurrencies. As crypto.news previously reported, Bitcoin fell below $69,000 on Nov. 13, while Ether dropped below $2,000 during the same market selloff.
Bitcoin ETFs lose $1.065 billion across five sessions
Bitcoin ETFs recorded net outflows every day, bringing their run of negative sessions to seven through Friday. Weekly withdrawals fell about 16.9% from the previous week’s $1.282 billion.
Monday’s $201 million outflow was followed by $95 million on Tuesday. Withdrawals reached $299.8 million on Wednesday, the week’s largest daily total, before easing to $284.1 million on Thursday and $185.4 million on Friday.
BlackRock’s IBIT lost $908.4 million over the five sessions. Fidelity’s FBTC shed $111.3 million, while Morgan Stanley’s MSBT attracted $54.4 million, with positive flows on the first four days and no net movement Friday.
Across the two November trading weeks, Bitcoin ETFs have lost $2.347 billion. Farside’s cumulative net-flow total nevertheless remained positive at approximately $54.7 billion through Nov. 13.
Ethereum ETFs finish positive Friday after $398.9 million weekly loss
Ethereum ETFs ended Friday with $2.3 million in net inflows, breaking a six-session run of withdrawals. Fidelity’s FETH brought in $11.6 million, offsetting $9.3 million leaving Grayscale’s ETH fund.
The small recovery followed four negative sessions earlier in the week. Monday produced $184.6 million in withdrawals, Tuesday lost $1.3 million, Wednesday shed $144.8 million and Thursday recorded $70.5 million in outflows.
Weekly losses reached $398.9 million, about 9.2% above the previous week’s $365.2 million. BlackRock’s ETHA accounted for $311.1 million of the latest withdrawals, with no net flow on Tuesday or Friday.
FETH lost $12.1 million over the week despite Friday’s buying. BlackRock’s ETHB shed $25 million, while Grayscale’s ETH recorded $43 million in net withdrawals.
Bitcoin and Ethereum funds together lost $1.4642 billion, accounting for roughly 95.6% of the combined withdrawals across the five tracked groups.
Solana ETF withdrawals reach $32 million
Solana funds recorded $32 million in net outflows, compared with $25 million the previous week. Each of the five trading sessions finished negative, although daily withdrawals fell after Tuesday’s $13.4 million peak.
Bitwise’s BSOL lost $12.4 million over the week. Thursday’s $1.7 million inflow partly offset withdrawals of $5.9 million on Monday and $8.2 million on Tuesday.
FSOL shed $11.3 million, including $3.1 million on Friday. TSOL lost $2.8 million, GSOL recorded $2.4 million in withdrawals, and MSOL lost $2.1 million. VSOL and SOEZ posted smaller outflows of $300,000 and $700,000, respectively.
No Solana fund finished the week with a positive net flow, even though BSOL recorded one positive session.
Zcash losses grow while Hyperliquid withdrawals ease
Zcash’s ZCSH recorded $30.8 million in weekly withdrawals, compared with $13 million during Nov. 2–6. Wednesday’s $14.6 million outflow was the largest, followed by $9.9 million Thursday and $4.1 million Friday.
The week brought November withdrawals for ZCSH to $43.8 million across the first 10 trading sessions.
Hyperliquid ETFs lost $4.4 million, with activity concentrated in two funds. THYP shed $5.2 million through withdrawals on Monday and Wednesday, while BHYP attracted $800,000 on Monday. HYPG recorded no net movement throughout the week.
The Hyperliquid group posted zero net flows on Tuesday, Thursday, and Friday, after losing $15.7 million during the previous trading week.
