Bitcoin ETFs record $502 million net outflow in 2026, erasing yearly gains

US spot Bitcoin exchange-traded funds (ETFs) saw net outflows totaling $502 million for 2026 through November 5, according to recent data from SoSoValue. The net withdrawal erased all inflows recorded earlier in the year, following four consecutive days of investor redemptions. Notably, $430.2 million was withdrawn in a single day on November 5. Despite these persistent withdrawals, the total value of Bitcoin assets held by US spot funds stood at $96.65 billion as of early November, declining from $113.29 billion at the end of 2025, as reported by BeInCrypto.