Bitcoin and Ethereum spot ETFs recorded combined net outflows of $530 million on November 5, 2026, as a sharp equities decline wiped out cryptocurrency’s post-election recovery.
Bitcoin fell 6.03% to $75,581.52 over the 24-hour period. Ethereum dropped to $2,237. The Nasdaq 100 suffered its steepest daily decline since the 2020 pandemic, with the S&P 500 shedding $3 trillion in market value.
The selloff reversed a brief recovery the prior day. On November 4, Bitcoin and Ethereum ETFs had attracted a combined $127.6 million in inflows following resolution of U.S. midterm election uncertainty. Bitcoin had rebounded above $80,000 after the Democratic Party’s sweeping congressional victory, and Ethereum had recovered to $2,400.
Fund-by-Fund Breakdown
Bitcoin ETF outflows totaled $430.23 million on November 5. None of the 12 Bitcoin ETFs recorded positive net flows that day.
BlackRock’s IBIT led the outflows with data not separately itemized for November 5, but the fund extended a five-day outflow streak totaling $1.04 billion since October 30. Fidelity’s FBTC lost $199.87 million after attracting $236.7 million the previous day. Grayscale’s GBTC fell $49.9 million. Franklin Templeton’s EZBC declined $32.92 million. VanEck’s HODL dropped $23.64 million. ARK 21Shares’ ARKB fell $18.9 million.
Ethereum ETF outflows reached $99.98 million. BlackRock’s ETHA lost $75.2 million. BlackRock’s ETHB staked Ethereum product fell $22 million. Fidelity’s FETH declined $2.24 million. Grayscale’s ETHE dropped $540,000.
Broader Outflow Trends
The November 5 decline extended a five-day withdrawal streak. All Bitcoin ETFs combined recorded net outflows of $1.51 billion since October 30. Bitcoin ETFs posted $869.8 million in net outflows for the month of November. Ethereum ETFs recorded $272 million in November net outflows.
The stock market decline was attributed to concerns that Democratic control of Congress could lead to restrictions on artificial intelligence infrastructure development. President Donald Trump described the market action as among the “worst days in history.”
