# Bitcoin, Ether ETFs lose $530M

Quick Take · News · Published November 6, 2026 · By [Anthony Asuaje](https://walkeranthony.com/about/), Walker Strategies
Canonical URL: https://walkeranthony.com/news/bitcoin-ether-etfs-lose-530m/

US spot Bitcoin and Ether ETFs saw $530 million in net outflows on Thursday as Bitcoin fell below $76,000 and US stocks tumbled. Bitcoin ETFs lost $430 million, while Ether funds lost $100 million. This reversal follows $128 million in combined inflows on Wednesday, driven by Democrats' victories in the US midterm elections.

US spot Bitcoin and Ether ETFs posted a combined $530 million in net outflows on Thursday, according to SoSoValue data.

The outflows were led by Bitcoin ETFs, which recorded $430 million in net outflows, while Ether funds lost around $100 million. Fidelity's Wise Origin Bitcoin Fund saw roughly $200 million in outflows, and BlackRock's iShares Bitcoin Trust recorded another $105 million in net outflows.

The market decline was driven by a sharp drop in US stocks, with the tech-heavy Nasdaq Composite plunging 5.5% on Thursday, its biggest single-day decline since April 2025. Crypto analyst Michaël van de Poppe expects Bitcoin to potentially find a near-term bottom after dipping below $75,000.

Dean Lyulkin, CEO of Cardiff, noted that the current market environment differs from the period leading up to the 2008 financial crisis, with household balance sheets and the banking system being considerably stronger today.

The outflows have extended the net outflow streak for Bitcoin ETFs, with year-to-date net outflows standing at around $510 million following Thursday's closing bell.

Source: [cointelegraph.com](https://cointelegraph.com/markets/bitcoin-ether-etfs-lose-post-election-gains-erased)

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