Bitcoin falls 15.6% as $1.91 billion exits US spot ETFs in 11-day selloff

Bitcoin experienced significant pressure as $1.91 billion flowed out of US spot exchange-traded funds (ETFs) over the course of seven consecutive trading sessions. The sharp outflows coincided with the cryptocurrency’s steepest 11-day drop since June, along with broader weakness seen in traditional risk assets and technology stocks. Data from Binance Research showed that Bitcoin declined 15.6% within an 11-day period. Simultaneously, NBIS perpetuals—widely regarded as a barometer for sentiment surrounding companies reliant on artificial intelligence (AI) financing—tumbled 27.5%. This parallel movement highlighted a broader de-risking trend in markets and suggested that the volatility was not isolated to digital assets. US spot Bitcoin ETFs registered $1.91 billion in net outflows between November 5 and November 13.

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