According to data from Coinglass, U.S. spot Bitcoin ETFs recorded net outflows of $1.44 billion between November 5 and November 11, with Bitcoin trading near $73,500 and struggling to reclaim the $75,000 level. BlackRock's iShares Bitcoin Trust (IBIT) accounted for most of the selling pressure, recording $269.7 million in net outflows on November 11 alone. The five-day outflow streak included $430.2 million on November 5 and $411.9 million on November 6, with IBIT representing approximately three-quarters of total withdrawals. Morgan Stanley's Bitcoin ETF attracted $9 million during the same period, offering a limited counterpoint to the broader ETF selling trend.

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