Bitcoin (BTC) spot ETFs registered $866.7 million in net outflows on Nov. 13, the second-largest single-day redemption since the funds launched in January 2024.
The exodus surpassed the Aug. 1 record of $812.3 million to take second place. The Feb. 25 outflow of $1.1 billion remains the worst daily redemption on record.
According to Farside Investors data, Grayscale’s Bitcoin Mini Trust led the Nov. 13 withdrawals with approximately $318 million, followed by BlackRock’s IBIT at $257 million.
Fidelity’s FBTC and Bitwise’s BITB contributed additional redemptions across the 11 US-listed spot Bitcoin ETFs.
Bitcoin fell below $100,000 again on the same day, dropping nearly 2% in value. The decline accelerated on Nov. 14, with BTC dropping to $94,890.52 as of press time, down 4.8% over 24 hours.
BTC has not traded in the $94,000 zone since early May 2025.