BlackRock IBIT sheds $405.30 million as spot bitcoin ETFs post second day of outflows

U.S. spot bitcoin ETFs recorded net outflows for a second consecutive trading day.

Data from SoSoValue showed net outflows of $398.62 million on November 2, 2026.

The outflow streak began on October 30, with daily withdrawals narrowing by about 38% in the latest session. Cumulative net inflows stood at $56.58 billion.

Among the 12 ETFs, Fidelity’s FBTC was the only fund to attract net inflows, taking in $6.68 million.

BlackRock’s IBIT was the only fund to record net outflows, losing $405.30 million. Its withdrawals exceeded the inflows into Fidelity’s FBTC.

Total trading volume for spot bitcoin ETFs reached $1.99 billion. BlackRock’s IBIT led with $1.54 billion, followed by Fidelity’s FBTC at $211.96 million and Grayscale’s GBTC at $82.17 million.

Total net assets stood at $98.12 billion, equivalent to about 6.36% of bitcoin’s market capitalization. BlackRock’s IBIT held the most net assets at $61.96 billion, followed by Fidelity’s FBTC at $13.35 billion and Grayscale’s GBTC at $9.55 billion.