DATA: Bitcoin ETFs are now NEGATIVE for 2026, a $25.7 BILLION swing from this point last year. US spot Bitcoin ETFs have seen $1.03 BILLION in net outflows this year through November 9, per Farside. Just 3 weeks ago, they were still up $1.43 BILLION for the year. BlackRock’s IBIT has lost $1.66 BILLION over 7 straight days of outflows. That’s despite BlackRock saying whale demand to swap BTC into IBIT is “the highest we’ve seen at any point,” with about $3.6 BILLION converted so far. Outside of IBIT, US spot Bitcoin ETFs have seen $3.8 BILLION in net outflows this year. By this date, they had taken in $24.7 BILLION last year and $25.8 BILLION in 2024.