CryptoUnited States

Bitcoin falls below $76,000 as ETF outflows reach $530 million in a day

Bitcoin dropped to a seven-week low as US bitcoin and ether funds lost about $530 million in one day. Weaker tech shares and large crypto liquidations added to the pressure on investors.

Illustration: A shiny coin balances on a tiny seesaw made of a ruler on a seamless electric blue backdrop, with a small ripple of soft shadow beneath it, seen at eye level.
Illustration

Bitcoin fell below $76,000 on Thursday. US spot bitcoin and ether exchange traded funds (ETFs), which hold the coins and trade like shares, posted about $530 million in combined net outflows. That reversed the positive flows of the previous session.

Spot bitcoin funds accounted for roughly $430 million of the withdrawals. Ether funds lost about $100 million, based on SoSoValue data. Six funds recorded withdrawals on November 5, so this week's recovery in demand was short-lived.

In numbers

$530 millionCombined ETF net outflows
$2.54 trillionCrypto market value
$411.9 millionFriday bitcoin ETF outflow

On Friday, November 6, bitcoin ETFs lost another $411.9 million, with BlackRock's fund driving the selling. Ether ETFs also saw a further outflow of $99.9 million. Bitcoin ETF outflows for the week were the highest since June.

Bitcoin$75,556down −9.28%over 1 month
$84,082$75,5568 Oct7 Nov

Prices by CoinGecko. Past moves say nothing about future ones.

Also in this story

Etherdown −13.59%1 monthXRPdown −18.75%1 month

The wider crypto market fell about 5.4% in 24 hours to $2.54 trillion early Friday. Bitcoin traded at $75,551, down 6.09%. Ethereum was at $2,221, down 8.32%, and XRP slipped to $1.20, down 8.33%.

ETF outflows in one day

  • Bitcoin ETFs430 million $
  • Ether ETFs100 million $

Figures are from SoSoValue data for US spot funds.

Bitcoin gave back its rally after the midterm elections. The S&P 500 and Nasdaq Composite had their worst day since April 2025, as concerns grew about a selloff in AI and tech shares. Bitcoin fell less than the Nasdaq 100.

Bitcoin touched a seven-week low near $75,200. Crypto liquidations, which are forced closings of leveraged bets, reached about $1 billion.

$1,000 in Bitcoin

Had you put $ into Bitcoin a month ago, it would be worth – now.

From the prices in the chart, before any fees or taxes. Not a suggestion to buy or sell.

Background

The drop followed growing concerns about a selloff in AI and tech shares, which spread to crypto.

Where
United States
Published
Section
Crypto
Markets
Bitcoin, Ether, XRP

This article is not investment advice. It was written by our automated newsroom from published reports and official statements, using only the facts in them, and not read by a person before it was published. Report a mistake

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