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Bitcoin ETFs lost $643 million in outflows Friday, and 2026 is barely green now
Publication: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Author: Omkar Godbole
Source published: 02/11/2026, 06:46:41 UTC
Briefing created: 02/11/2026, 08:59:59 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 02/11/2026, 06:55:24 UTC.
Briefings
Bitcoin ETFs experienced a record $643 million outflow on Friday following the Binance hack, marking the largest since June 25. This event occurred during the first trading day after the security breach, indicating immediate market panic. The data reflects a snapshot of trading activity on November 2, 2026, with no further information provided about the long-term impact or recovery.
Key points
- Bitcoin ETFs recorded a $643 million outflow on Friday, the largest since June 25, 2026.
- The outflow occurred on the first trading day after the Binance hack.
Context
The Binance hack triggered immediate market volatility, causing ETF outflows to spike. This event is significant as it highlights the direct link between major crypto exchanges and institutional investor behavior.
Limitations
Evidence is limited to a single day's trading data. No information is provided regarding the total size of the outflow, the specific reasons for the panic, or the long-term impact on ETFs.
Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 02/11/2026, 08:59:59 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.
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