# Bitcoin ETF Outflows Hit $299.9M Led by BlackRock's IBIT

By [The BSCN Debrief](https://paragraph.com/@bscnalpha), 2026-11-12

bsc news brief, crypto news

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US spot Bitcoin exchange traded funds saw $299.9 million leave on November 11, with BlackRock's IBIT accounting for $269.7 million of that total. Grayscale's GBTC lost another $39.13 million. Morgan Stanley's MSBT was the sole fund attracting money, bringing in $8.96 million. The withdrawals mark five consecutive trading days of outflows.

The redemptions stem from investor selling rather than fund manager decisions. Total Bitcoin ETF assets remain at $93.70 billion despite the exodus. Ether products also experienced pressure, losing $144.8 million the same day. Some analysts suggest slowing outflows could signal the market nearing a bottom.

**Read the full story on BSC News:** [BlackRock's IBIT Leads $299.9 Million Bitcoin ETF Outflows as Morgan Stanley's MSBT Gains](https://bsc.news/news/blackrock-ibit-bitcoin-etf-outflows?utm_source=paragraph&utm_medium=brief&utm_campaign=article_wire)

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*Originally published on [The BSCN Debrief](https://paragraph.com/@bscnalpha/bitcoin-etf-outflows-hit-dollar2999m-led-by-blackrocks-ibit)*
