U.S. spot cryptocurrency exchange-traded funds bled $1.48 billion in the five trading sessions through Nov. 10, with every one of the six tracked asset categories posting net redemptions as digital-asset prices slid, according to SoSoValue data.
Bitcoin funds absorbed the heaviest damage, losing $1.06 billion, while Ethereum products gave back $326 million. Together the two largest tokens accounted for roughly 94% of the week's total withdrawals, leaving little room for smaller funds to offset the damage.
Solana ETFs surrendered $47.4 million, XRP funds shed $18 million, and Hyperliquid and Zcash products together lost another $24 million.
Note: Figures from SoSoValue, covering the five trading days ended Nov. 10.
The retreat stands out because conventional equity ETFs drew money back in over the same stretch, with stock investors returning after the Nov. 5 selloff. Crypto products, by contrast, kept leaking capital. Bitcoin and Ethereum funds managed a single day of inflows, Nov. 4, when the post-midterm rally lifted risk assets. Redemptions then resumed and stretched into a fifth straight session on Wednesday, with BlackRock's iShares Bitcoin Trust (NASDAQ:IBIT) among the vehicles hit by steady withdrawals.
Solana funds have been the weakest corner of the complex, failing to log a single positive flow day since Oct. 21.
The outflows track a punishing stretch for coin prices. Bitcoin lost 8.7% over the five sessions and Ethereum dropped 10%, while Solana, XRP and Zcash also fell sharply.
The damage has pushed the year-to-date ledger into negative territory for the two flagship assets. Bitcoin and Ethereum ETFs have now recorded combined net outflows of $2.25 billion in 2026 through Wednesday.
Altcoin products present a different picture. Even after the recent redemptions, the four tracked altcoin categories remain $1.75 billion in net inflows for the year, though two of those groups only launched in 2026 and therefore have a shorter history behind those numbers.
Separate data for the Nov. 11 session showed the pressure continuing at a slower pace. U.S. spot Bitcoin ETFs recorded $300 million in net outflows that day, while Ethereum funds lost $145 million, for a combined $445 million, according to figures attributed to SoSoValue. Bitcoin products accounted for about 67.4% of the day's total.
The selling was not uniform across individual funds. Morgan Stanley's MSBT reportedly led Bitcoin ETF inflows with $8.96 million. On the Ethereum side, BlackRock's ETHA accounted for $130 million of the withdrawals, or roughly 89.7% of the category's net redemptions that session.
Net flows measure the difference between fund creations and redemptions rather than the value of crypto traded, and daily readings can swing widely. A single negative session does not by itself establish that investors are abandoning the two largest tokens, since prices also respond to spot trading demand, derivatives positioning and broader financial conditions.
Still, the breadth of the five-day exodus -- six categories, no exceptions -- is notable for a product set that spent much of the past two years absorbing institutional money. Sustained redemptions can weigh on sentiment because ETF flows are one of the few transparent, high-frequency gauges of how registered investment vehicles are positioned. The divergence with equity ETFs suggests allocators trimmed crypto exposure rather than retreating from risk assets generally.
