The U.S. spot Bitcoin and Ethereum ETF markets experienced a sharp capital outflow on November 4, totaling nearly $800 million, according to data from SoSoValue. The sell-off has amplified concerns that mounting selling pressure could trigger a deeper market correction.
The combined net outflow across all Bitcoin and Ethereum spot ETFs reached $797.07 million, marking the largest single-day withdrawal since early August.
Bitcoin ETFs See Heaviest Withdrawals Since August
None of the Bitcoin-based ETFs recorded inflows. The biggest outflow came from Fidelity’s FBTC, which saw investors pull $356.58 million. Other notable outflows included:
- ARKB — $128.07 million
- GBTC — $48.89 million
- HODL — $17.04 million
- BRRR — $11.34 million
- EZBC — $8.72 million
- BITB — $7.1 million
No capital movement was recorded across the remaining Bitcoin ETFs. This marks the largest one-day withdrawal since August 1, 2025, signaling a potential shift in investor sentiment amid ongoing price corrections.
Ethereum ETFs Record Fifth Straight Day of Outflows
The Ethereum ETF sector has also been in the red for five consecutive days. The most significant capital exits were observed in:
- ETHA — $111.08 million
- ETH — $68.64 million
- FETH — $19.86 million
- ETHE — $19.78 million
The trend began late last week and has continued as ETH prices struggle to maintain key support levels.
Analysts Link ETF Outflows to Broader Market Correction
Many analysts point to the ETF outflows and profit-taking behavior as a major factor behind the current market downturn. With Bitcoin briefly dropping below $100,000 on November 5, concerns are growing that sustained withdrawals could deepen the correction.
Experts note that reduced ETF inflows often signal waning institutional demand, which can amplify volatility in both Bitcoin and Ethereum markets. Should the trend persist at the start of trading this week, further price declines may be difficult to avoid.

