Bitcoin ETFs Add $469.5 Million of Outflows on Nov. 12–13

Farside Investors has now published completed daily rows for Thursday, November 12, 2026, and Friday, November 13, 2026, on its U.S. spot bitcoin ETF flow table. The official November 12 total is a net outflow of $284.1 million. The official November 13 total is a net outflow of $185.4 million. Adding those two official daily totals produces a two-session net outflow of $469.5 million. That combined figure is a calculation from the published session totals, not a labeled two-day field on the Farside page.

This article is a record of those two newly completed official rows. It is not a rewrite of this blog’s earlier coverage of the completed November 10 bitcoin ETF flow row, whose official total was a $95.0 million outflow, or of the later supplement on the completed November 11 Veterans Day row, whose official total was a $299.8 million outflow. Those earlier session totals remain official and unchanged. What is new is the finished Thursday and Friday tape, the two-day sum that can now be added from those rows, the seven-session outflow streak that now runs from November 5 through November 13, and the November month-to-date total that can be added from all ten completed official November sessions through Friday.

Farside reports daily net flows in millions of U.S. dollars. Parentheses on the source table denote outflows. A reported 0.0 is a completed zero, not an unfinished dash and not a missing observation. The official page footer on the table retrieved for this article reads “Today’s date is 14 November 2026.” Both the November 12 and November 13 rows on that retrieved table are fully populated across the twelve listed funds and the daily total. This article uses only those completed official cells. It does not invent a bitcoin price or an assets-under-management total, neither of which appears on the Farside flow page.

Key takeaways from the completed November 12 and November 13 rows

• The official November 12 total is (284.1). BlackRock’s iShares Bitcoin Trust, IBIT, accounted for (203.8) of that session. Fidelity’s FBTC, Bitwise’s BITB, ARK’s ARKB, and VanEck’s HODL also recorded outflows. Morgan Stanley’s MSBT was the only inflow, at 3.3. The remaining six funds were recorded at 0.0.
• The official November 13 total is (185.4). Only two funds were non-zero: IBIT at (143.5) and FBTC at (41.9). Every other listed fund was recorded at 0.0.
• Adding the two official daily totals, 284.1 + 185.4, produces a two-session outflow of 469.5. That sum is a calculation, not a Farside label.
• The last completed November inflow remains the official November 4 total of 74.6. Official daily totals have been negative in each of the seven sessions from November 5 through November 13.
• The five official totals from November 9 through November 13 are (201.0), (95.0), (299.8), (284.1), and (185.4). Adding those five cells produces a five-session outflow of 1,065.3, again a calculation from official daily totals.
• Adding all ten official November daily totals through November 13 produces a month-to-date net outflow of 2,347.0. Farside does not publish a labeled month-to-date field; the figure is a hand-sum of official session totals and is shown with the addends below.

The completed November 12 tape, fund by fund

The completed Thursday row, in the order Farside lists the funds, is as follows. Values are in U.S. dollars millions, and parentheses follow the source convention for outflows.

Source: Farside Investors, values in U.S. dollars millions; parentheses in the original table denote outflows. The 0.0 entries are reported zeros, not unfinished dashes. Issuer labels follow the logo and ticker row on the official Farside table, consistent with earlier packages on this blog.

Adding the official non-zero cells confirms the published total. The five outflow prints are 203.8 + 32.6 + 26.4 + 18.5 + 6.1. First, 203.8 + 32.6 = 236.4. Next, 236.4 + 26.4 = 262.8. Next, 262.8 + 18.5 = 281.3. Next, 281.3 + 6.1 = 287.4. Subtracting MSBT’s inflow of 3.3 gives 287.4 − 3.3 = 284.1, which matches Farside’s published November 12 total. The six funds recorded at 0.0 — BTCO, EZBC, BRRR, BTCW, GBTC, and Grayscale’s BTC — do not change that arithmetic.

Thursday’s tape was broader than Friday’s would be, but it was still concentrated. IBIT’s (203.8) is 203.8 / 284.1 of the official session total, or about 71.7 percent of the net outflow, a share calculated from two official cells and not a labeled field on the source page. The next four outflow prints together are 32.6 + 26.4 + 18.5 + 6.1 = 83.6, which more than accounts for the remainder once MSBT’s 3.3 inflow is subtracted. The useful description is a large IBIT redemption, mid-sized redemptions at FBTC, BITB, and ARKB, a smaller HODL redemption, and a single-digit Morgan Stanley inflow against a flat remainder — not an even redemption across all twelve funds.

A reported 0.0 still does not mean that a fund had no secondary-market trading. It means Farside recorded no net creation or redemption for that ticker on that date. Grayscale’s GBTC, which had recorded a (39.1) print on the completed November 11 row, was back at 0.0 on Thursday. Invesco’s BTCO, Franklin’s EZBC, Valkyrie’s BRRR, WisdomTree’s BTCW, and Grayscale’s BTC were also 0.0. Readers should not infer a trading halt, only a net flow of zero in the official creation-and-redemption record.

The completed November 13 tape, fund by fund

The completed Friday row is narrower. Farside records non-zero activity at only two of the twelve listed funds. The official row is as follows.

Source: Farside Investors, values in U.S. dollars millions; parentheses in the original table denote outflows. All funds other than IBIT and FBTC are official 0.0 prints on this completed row.

Adding the two official non-zero cells confirms the published total: 143.5 + 41.9 = 185.4. There is no residual to assign to any other issuer. Friday’s tape was a two-fund redemption day, not a broad session and not a flat session. IBIT’s (143.5) is 143.5 / 185.4 of the official Friday total, or about 77.4 percent, again a calculation from two official cells. FBTC’s (41.9) accounts for the rest. MSBT, which had been the only positive print on Thursday, was 0.0 on Friday. BITB, ARKB, and HODL, which had contributed outflows on Thursday, were also 0.0.

Friday’s official total of (185.4) is 284.1 − 185.4 = 98.7 smaller than Thursday’s official total, as simple subtraction of two completed daily figures. It is also 299.8 − 185.4 = 114.4 smaller than Wednesday’s official (299.8) total, and 430.2 − 185.4 = 244.8 smaller than the official November 5 total of (430.2), the heaviest completed November session on the table. The accurate description is a lighter outflow than Thursday and Wednesday, still clearly negative, and still heavier than Tuesday’s official (95.0) print. It is not a new November extreme, and it is not a return to a flat tape.

The two-session total is a calculation, not a Farside field

Farside does not publish a labeled November 12–13 combined total. The two-day figure used in the headline and in this section is 284.1 + 185.4 = 469.5, the sum of the two official daily totals. That is the only safe way to state a two-session net. It should not be confused with the November month-to-date total, which also includes the eight earlier completed November sessions, or with the seven-session streak total, which begins on November 5.

The same two-day window can be added at the fund level from official cells. IBIT’s official prints were (203.8) on November 12 and (143.5) on November 13, and 203.8 + 143.5 = 347.3. FBTC’s official prints were (32.6) and (41.9), and 32.6 + 41.9 = 74.5. Those two funds together account for 347.3 + 74.5 = 421.8 of the 469.5 two-session outflow. The other official non-zero cells in the two-day window all sit on the November 12 row: BITB (26.4), ARKB (18.5), HODL (6.1), and MSBT 3.3. Those cells can be folded into the IBIT-and-FBTC subtotal one at a time so the two-day figure is recovered without a separate subtotal: 421.8 + 26.4 = 448.2; 448.2 + 18.5 = 466.7; 466.7 + 6.1 = 472.8; and 472.8 − 3.3 = 469.5, which matches 284.1 + 185.4. Those steps are only a bridge between official cells. They are not a separate Farside publication, and they are not a substitute for reading each daily row in full.

One contrast between the two sessions is worth keeping in view. Thursday still had five outflow prints and one small inflow. Friday had two outflow prints and no inflow. The two-day net is therefore a combination of a relatively broader Thursday redemption and a narrower Friday redemption, not two copies of the same tape. Anyone comparing the sessions should keep the official twelve-fund grids in sight rather than collapsing both days into a single issuer story.

A seven-session outflow streak after the November 4 inflow

The last completed November inflow on the official table is the November 4 total of 74.6. Every completed official daily total from November 5 through November 13 is negative. Those seven official session totals, in order, are (430.2), (411.9), (201.0), (95.0), (299.8), (284.1), and (185.4). Because each of those seven published totals is an outflow, the market-wide outflow streak is now seven sessions. That streak count is a reading of official daily totals, not a labeled “streak” field on the Farside page.

Summing the seven official streak totals produces a seven-session outflow of 1,907.4. The addition, in order, is 430.2 + 411.9 = 842.1; 842.1 + 201.0 = 1,043.1; 1,043.1 + 95.0 = 1,138.1; 1,138.1 + 299.8 = 1,437.9; 1,437.9 + 284.1 = 1,722.0; and 1,722.0 + 185.4 = 1,907.4. The 1,437.9 subtotal through November 11 is the same five-session streak sum that could be stated once the Veterans Day row was completed. Thursday and Friday add 284.1 + 185.4 = 469.5 to that earlier streak subtotal, which is why the seven-session sum is 1,437.9 + 469.5 = 1,907.4. None of those running totals appears as a named field on the source page.

The pace inside the streak is not a straight line. November 5 and November 6 remain the two heaviest completed November outflows, at 430.2 and 411.9. Tuesday, November 10, at 95.0, remains the lightest day inside the streak. Wednesday’s 299.8 and Thursday’s 284.1 sit in a middle band, and Friday’s 185.4 is lighter than those two mid-week prints but still well above Tuesday. Describing the new rows as a re-acceleration would overstate Friday and understate the already-heavy November 5–6 pair. Describing them as a halt would ignore two more negative official totals. The verified statement is simpler: the streak is now seven sessions long, and the two newest official totals extended it without setting a new November extreme.

A shorter window is also useful because it isolates the current week of completed sessions. The five official daily totals from November 9 through November 13 are (201.0), (95.0), (299.8), (284.1), and (185.4). Adding them produces 201.0 + 95.0 = 296.0; 296.0 + 299.8 = 595.8; 595.8 + 284.1 = 879.9; and 879.9 + 185.4 = 1,065.3. That 1,065.3 five-session outflow is a calculation from official daily totals, as specified from the official cells. The 595.8 subtotal through November 11 is the Monday–Wednesday sum already available from earlier completed rows; Thursday and Friday account for the rest of the 1,065.3 figure. This five-day sum should not be confused with the seven-session streak total of 1,907.4, which also includes November 5 and November 6, or with the November month-to-date total, which also includes November 2, November 3, and the November 4 inflow.

November month-to-date through November 13

Farside does not publish a labeled November month-to-date line on the visible table. The month-to-date total is the sum of the completed official November daily totals. Those official session totals, in order, are (398.6) on November 2, (115.6) on November 3, 74.6 on November 4, (430.2) on November 5, (411.9) on November 6, (201.0) on November 9, (95.0) on November 10, (299.8) on November 11, (284.1) on November 12, and (185.4) on November 13. There is no official November 7, November 8, or November 1 row on the retrieved table; those calendar dates were not U.S. cash-equity sessions in the ordinary weekday sequence, and this article does not invent figures for dates Farside did not publish.

The running addition of those ten official totals is as follows. Start with 398.6 + 115.6 = 514.2. Subtract the November 4 inflow: 514.2 − 74.6 = 439.6. Add November 5: 439.6 + 430.2 = 869.8. Add November 6: 869.8 + 411.9 = 1,281.7. Add November 9: 1,281.7 + 201.0 = 1,482.7. Add November 10: 1,482.7 + 95.0 = 1,577.7. Add November 11: 1,577.7 + 299.8 = 1,877.5. Add November 12: 1,877.5 + 284.1 = 2,161.6. Add November 13: 2,161.6 + 185.4 = 2,347.0. The November month-to-date net through Friday is therefore an outflow of $2,347.0 million, calculated from official daily totals.

Several of those intermediate sums already appeared in earlier coverage of completed rows, and they have not been revised. The November 2 through November 6 week still sums to 1,281.7, the same official-cell total previously discussed when that week was complete. The month-to-date total through the completed November 10 row was 1,577.7. The month-to-date total through the completed November 11 row was 1,877.5. Friday’s 2,347.0 figure is exactly 1,877.5 + 469.5, where 469.5 is the two-session calculation from the new official November 12 and November 13 totals. Nothing in that arithmetic changes the already-published earlier rows. It only extends the running sum to Friday.

The month-to-date total is larger than the seven-session streak total because it also includes the official November 2 outflow of 398.6, the official November 3 outflow of 115.6, and the official November 4 inflow of 74.6. Those three earlier sessions net to 398.6 + 115.6 − 74.6 = 439.6 of outflow, and 439.6 + 1,907.4 = 2,347.0, which is another way of arriving at the same month-to-date figure. Keeping the three quantities separate — the two-day sum of 469.5, the seven-session streak sum of 1,907.4, and the ten-session month-to-date sum of 2,347.0 — is the cleanest way to use the official cells without treating a hand-sum as if it were a labeled Farside field.

Fund-level November arithmetic from official cells

The same official November rows can be added fund by fund. Each figure in this section is a calculation from that fund’s official daily cells on the retrieved table, not a labeled issuer month-to-date field on the Farside page. Funds that were 0.0 on every completed November session in the visible window are identified as such.

IBIT’s official November prints are (405.3), (95.0), (201.2), (105.0), (403.0), (213.2), (78.2), (269.7), (203.8), and (143.5). Every completed November session for IBIT is an outflow. The running sum is 405.3 + 95.0 = 500.3; 500.3 + 201.2 = 701.5; 701.5 + 105.0 = 806.5; 806.5 + 403.0 = 1,209.5; 1,209.5 + 213.2 = 1,422.7; 1,422.7 + 78.2 = 1,500.9; 1,500.9 + 269.7 = 1,770.6; 1,770.6 + 203.8 = 1,974.4; and 1,974.4 + 143.5 = 2,117.9. IBIT’s November month-to-date net through November 13 is therefore an outflow of 2,117.9, a calculation from official cells. The 1,770.6 subtotal through November 11 is the same IBIT November sum that could be stated once the Veterans Day row was complete; Thursday and Friday add 203.8 + 143.5 = 347.3 to that earlier subtotal.

FBTC’s official November prints are 6.7, 6.8, 236.7, (199.9), 42.8, 0.0, (36.8), 0.0, (32.6), and (41.9). The inflows are 6.7 + 6.8 + 236.7 + 42.8 = 293.0. The outflows are 199.9 + 36.8 + 32.6 + 41.9 = 311.2. The net is 293.0 − 311.2 = an outflow of 18.2. Through November 11, the same official cells netted to an inflow of 56.3, because the November 12 and November 13 outflows of 32.6 and 41.9 had not yet been added: 56.3 − 32.6 = 23.7, and 23.7 − 41.9 = an outflow of 18.2. FBTC is therefore an example of why a running issuer total has to be recalculated when new official rows arrive. The fund was still a November net inflow after Wednesday and is a November net outflow after Friday, using only official cells in both cases.

BITB’s official non-zero November prints are 21.9 on November 3, 15.2 on November 4, (20.5) on November 6, and (26.4) on November 12, with 0.0 on the other completed November sessions, including November 13. The net is 21.9 + 15.2 − 20.5 − 26.4. First, 21.9 + 15.2 = 37.1; then 37.1 − 20.5 = 16.6; then 16.6 − 26.4 = an outflow of 9.8. ARKB’s official non-zero November prints are 19.9 on November 4, (18.9) on November 5, (20.1) on November 6, (9.9) on November 9, and (18.5) on November 12, with 0.0 on November 13 and on the other completed sessions. The net is 19.9 − 18.9 − 20.1 − 9.9 − 18.5. First, 19.9 − 18.9 = 1.0; then 1.0 − 20.1 = an outflow of 19.1; then 19.1 + 9.9 = 29.0; then 29.0 + 18.5 = an outflow of 47.5.

Among the remaining funds, Invesco’s BTCO has a single official non-zero November print in the visible window, an inflow of 4.0 on November 4, so its November net is an inflow of 4.0. Franklin’s EZBC has a single official non-zero print, an outflow of 32.9 on November 5. VanEck’s HODL has official outflows of 23.6 on November 5 and 6.1 on November 12, which sum to an outflow of 29.7; HODL was 0.0 on November 13. Valkyrie’s BRRR and WisdomTree’s BTCW are 0.0 on every completed official November row in the retrieved window. Morgan Stanley’s MSBT has official inflows of 3.3 on November 3, 22.1 on November 9, 20.0 on November 10, 9.0 on November 11, and 3.3 on November 12, and 0.0 on November 13. Those five inflows sum to 3.3 + 22.1 = 25.4; 25.4 + 20.0 = 45.4; 45.4 + 9.0 = 54.4; and 54.4 + 3.3 = 57.7, a November inflow of 57.7. Grayscale’s GBTC has official outflows of 49.9 on November 5, 11.1 on November 6, and 39.1 on November 11, and 0.0 on both November 12 and November 13; those three prints sum to 49.9 + 11.1 + 39.1 = an outflow of 100.1. Grayscale’s BTC has a single official non-zero November print in the window, an outflow of 52.6 on November 3.

Those fund-level November nets can be added as a cross-check on the 2,347.0 month-to-date total. The issuer outflows are IBIT 2,117.9, FBTC 18.2, BITB 9.8, ARKB 47.5, EZBC 32.9, HODL 29.7, GBTC 100.1, and BTC 52.6. Adding them in order: 2,117.9 + 18.2 = 2,136.1; 2,136.1 + 9.8 = 2,145.9; 2,145.9 + 47.5 = 2,193.4; 2,193.4 + 32.9 = 2,226.3; 2,226.3 + 29.7 = 2,256.0; 2,256.0 + 100.1 = 2,356.1; and 2,356.1 + 52.6 = 2,408.7. The issuer inflows are BTCO 4.0 and MSBT 57.7, which sum to 61.7. Then 2,408.7 − 61.7 = 2,347.0, which matches the sum of the official daily totals. BRRR and BTCW contribute official zeros. The two routes — adding session totals, and adding issuer-level November nets — recover the same calculated month-to-date outflow. That is what a complete official grid should do, and it is why the new Thursday and Friday rows can be folded into the earlier arithmetic without revising any previously completed cell.

A compact official-row table through November 13

The following compact table reprints official daily totals and selected official fund cells for every completed November session on the retrieved Farside page, plus the calculated November sum in the final row. The November sum row is a hand-added total. It does not appear as a labeled month-to-date field on the source page.

Source: Farside Investors daily cells, values in U.S. dollars millions; the November sum row is a hand-added total of the ten completed official sessions and does not appear as a labeled month-to-date field on the source page. Lifetime footer totals are not reprinted in this table as if they were November arithmetic.

The compact table is intentionally narrower than Farside’s full twelve-fund grid. Funds that are not shown as their own columns, including BTCO, EZBC, BRRR, BTCW, and Grayscale’s BTC, still sit inside the official daily totals. No residual for those funds should be inferred by subtracting the displayed columns from the net total, because several of them were non-zero on earlier November days: BTCO’s 4.0 inflow on November 4, EZBC’s 32.9 outflow on November 5, and BTC’s 52.6 outflow on November 3 are official cells that belong in the month-to-date total even though they do not appear as columns here. The safe way to recover any omitted issuer is to return to the full official table.

Official fee, cumulative, average, maximum, and minimum rows

The Farside table also publishes a fee row, a cumulative Total row, and official Average, Maximum, and Minimum rows. Those rows are official table facts. They are not November month-to-date figures, and the fee row is not a ranking of Thursday’s or Friday’s flows. The official fee row, in percent, is IBIT 0.25, FBTC 0.25, BITB 0.20, ARKB 0.21, BTCO 0.25, EZBC 0.19, BRRR 0.25, HODL 0.20, BTCW 0.25, MSBT 0.14, GBTC 1.50, and BTC 0.15. Those percentages are the fees printed on the retrieved table. This article does not treat them as an explanation of why a given fund printed an outflow or a zero on November 12 or November 13, and it does not invent any other fee schedule.

The official cumulative Total row on the same retrieved page is IBIT 64,193; FBTC 10,164; BITB 2,001; ARKB 922; BTCO 140; EZBC 303; BRRR 329; HODL 979; BTCW 74; MSBT 868; GBTC (28,149); and BTC 2,879; with a grand total of 54,701. Those figures are the table’s lifetime-style footer totals in U.S. dollars millions, not the November hand-sums calculated above. They should not be described as a November month-to-date line and should not be mixed into the 2,347.0 calculation. The official Average row is IBIT 89.9, FBTC 14.2, BITB 2.8, ARKB 1.3, BTCO 0.2, EZBC 0.4, BRRR 0.5, HODL 1.4, BTCW 0.1, MSBT 5.6, GBTC (39.4), and BTC 5.0, with a total average of 76.6. The official Maximum row is IBIT 1,119.9, FBTC 473.4, BITB 237.9, ARKB 289.1, BTCO 63.4, EZBC 60.9, BRRR 43.4, HODL 118.8, BTCW 118.5, MSBT 99.0, GBTC 102.5, and BTC 191.1, with a total maximum of 1,373.8. The official Minimum row is IBIT (528.3), FBTC (356.6), BITB (280.7), ARKB (327.9), BTCO (62.0), EZBC (74.1), BRRR (74.8), HODL (38.4), BTCW (53.8), MSBT (5.3), GBTC (642.5), and BTC (318.2), with a total minimum of (1,113.7).

Those official range and average rows supply a scale check, not a forecast. The official average daily total of 76.6 is an inflow figure across the table’s full history as Farside computes it. The completed November 12 and November 13 totals of (284.1) and (185.4) sit on the outflow side of that average, as do most of the other completed November sessions. Neither new official total is as large as the official table-wide maximum outflow of 1,113.7, and neither is as large as the official November 5 total of 430.2 or the official October 30 total of 643.2, which is visible on the same retrieved page. The comparison uses official cells only. It does not convert any of those figures into a bitcoin price or an assets-under-management total.

Late-October rows visible on the same official table

The Farside page retrieved for this article also displays completed official rows for 26 through 30 October 2026. Those rows are not the subject of this update, and this section does not rewrite earlier October coverage. They are useful only as official nearby cells on the same table against which the new November 12 and November 13 totals can be placed. The official late-October daily totals are 110.3 on October 26, 176.0 on October 27, 137.3 on October 28, 17.2 on October 29, and (643.2) on October 30. The first four of those sessions were inflows. October 30 was a large official outflow, and it remains larger than either of the two newly completed November session totals.

The official October 30 row was itself concentrated, with IBIT at (233.7), FBTC at (201.0), BITB at (25.7), ARKB at (129.5), and GBTC at (53.3), and with the remaining listed funds at 0.0. Adding those official outflow cells confirms the published total: 233.7 + 201.0 = 434.7; 434.7 + 25.7 = 460.4; 460.4 + 129.5 = 589.9; and 589.9 + 53.3 = 643.2. That October 30 concentration is a different mix from Thursday’s broader five-outflow tape and from Friday’s two-fund tape. The comparison is descriptive. It does not claim that November 12 or November 13 “repeated” October 30, and it does not treat the late-October inflow cluster as a forecast for any later session.

What the November 12 and November 13 rows do not say

The Farside bitcoin table is a daily net creation and redemption record for listed U.S. spot bitcoin ETFs. It is not a bitcoin price, not an assets-under-management total, not a record of which authorized participants placed the orders, and not a survey of investor intent. This article therefore does not attach an unofficial Thursday or Friday bitcoin close to the official (284.1) and (185.4) prints, and it does not cite third-party asset totals that do not appear on the Farside page retrieved for this update. A flow figure can be read next to a price or an asset total from another official source when that source is in hand. It cannot be turned into those missing quantities from the Farside table alone.

The table also does not identify whether a given outflow or inflow was cash or in-kind, whether it was a hedge, a rebalancing, or a simple reduction or increase in exposure, or whether secondary-market trading in a 0.0 fund was heavy or light. Any such explanation would be speculation. The verified facts are the twelve official November 12 cells, the twelve official November 13 cells, the already-completed earlier November rows, the official fee and footer rows, and the sums that can be added from official daily totals. Readers who want a method guide for those distinctions can use this blog’s guide to reading U.S. spot bitcoin and ether ETF flow tables as a companion, not as a substitute for the official Farside grid.

Nearby official releases should also be kept in their own lanes. The U.S. Bureau of Labor Statistics published the October 2026 producer price index on Friday, November 13, at 8:30 a.m. Eastern Time, under release USDL 26-1687, after the October consumer price index had already been issued on November 10. Those inflation prints are official on their own releases. This article does not treat the November 12 or November 13 ETF rows as proof that the producer price index, the consumer price index, or any Treasury auction “caused” the flows. The completed Farside rows are dates and official cells. Causal claims would require evidence the flow table does not provide. Traders who want the broader event map can use this blog’s CPI, PPI, and FOMC calendar guide as a scheduling reference, together with the official release pages themselves.

How to use the completed prints

For a reader following listed U.S. spot bitcoin ETF flows, the useful reading is modest and specific. The official November 12 total is a $284.1 million net outflow. The official November 13 total is a $185.4 million net outflow. Adding those two official daily totals produces a $469.5 million two-session outflow, a calculation rather than a Farside label. The market-wide official daily total has now been negative for seven sessions, from November 5 through November 13, after the official November 4 inflow of $74.6 million. The five official totals from November 9 through November 13 sum to a $1,065.3 million outflow, and the ten official November session totals through November 13 sum to a $2,347.0 million month-to-date outflow, both calculations from official daily cells. Thursday’s tape was a multi-fund redemption led by IBIT, with a small MSBT inflow. Friday’s tape was a two-fund redemption at IBIT and FBTC only.

That combination is a record of weaker net demand in the listed wrapper over those sessions, not a proof that bitcoin has made a low, not a proof that outflows must continue, and not investment advice. The earlier completed November 10 and November 11 rows remain part of the same official history, and they are not replaced by this update. Anyone who wants to connect these prints to ether-fund behavior, to Treasury yields, or to still-unreleased later data should do so with the underlying official sources in hand, not with a slogan about ETF flows “capitulating” or “stabilizing.” The hard facts added here are the ones that were not yet completed official rows in the earlier November 10 article or the November 11 supplement: Farside’s November 12 row is complete at a $284.1 million net outflow, Farside’s November 13 row is complete at a $185.4 million net outflow, and the official-cell arithmetic that follows from those two rows can now be shown in full.

Frequently asked questions

Are the November 12 and November 13 Farside bitcoin ETF rows complete?

Yes. On the official Farside bitcoin ETF flow table retrieved with the page footer date of 14 November 2026, both rows are fully populated across all twelve listed funds and the daily total. The official totals are (284.1) for November 12 and (185.4) for November 13. The 0.0 entries on those rows are reported zeros, not unfinished dashes.

What is the $469.5 million two-day figure, and is it a Farside total?

It is a calculation from two official daily totals: 284.1 + 185.4 = 469.5. Farside does not publish a labeled two-day field for November 12 and November 13. The same two official totals are also the increment that takes the November month-to-date outflow from 1,877.5 through November 11 to 2,347.0 through November 13.

How is the November month-to-date outflow of $2,347.0 million calculated?

It is the sum of the ten official November daily totals on the retrieved table: (398.6) + (115.6) + 74.6 + (430.2) + (411.9) + (201.0) + (95.0) + (299.8) + (284.1) + (185.4). The running addition is shown in the month-to-date section above and ends at an outflow of 2,347.0. Farside does not label that figure as a month-to-date field. A second route, adding each fund’s official November cells, recovers the same 2,347.0 total.

How long is the outflow streak, and how is the five-session sum calculated?

The last completed November inflow is the official November 4 total of 74.6. Official daily totals are then negative from November 5 through November 13, which is seven sessions. The five official totals from November 9 through November 13 are (201.0), (95.0), (299.8), (284.1), and (185.4), and 201.0 + 95.0 + 299.8 + 284.1 + 185.4 = 1,065.3. Both the seven-session count and the 1,065.3 sum are readings of official daily totals, not labeled Farside fields.

Does the Farside table report a bitcoin price or fund assets under management?

No. The official page used here is a flow table in U.S. dollars millions. This article does not invent a bitcoin price or an assets-under-management figure, and it does not borrow one from a third-party source to fill that gap.

Do these rows replace the November 10 or November 11 articles?

No. The official November 10 total remains (95.0), and the official November 11 total remains (299.8). This article adds the newly completed November 12 and November 13 official rows and the arithmetic that can now be extended through Friday. It is not a rewrite of those earlier completed-row pieces.

Sources and research limits

The primary source is the official Farside Investors U.S. spot bitcoin ETF flow table at https://farside.co.uk/btc/, retrieved with the page footer date of 14 November 2026. Official cells used here include the completed 12 Nov 2026 and 13 Nov 2026 rows, the official November 2 through November 11 daily totals and fund-level cells visible on the same table, the official late-October rows from 26 through 30 October 2026, and the official fee, Total, Average, Maximum, and Minimum footer rows. Month-to-date, streak, five-session, two-session, and issuer-level November sums are calculations from those official daily cells and are labeled as such; they are not treated as labeled fields on the Farside page. This article does not use unfinished or partial rows and does not invent a bitcoin price or an assets-under-management total. It does not treat the official October producer price index or the official October consumer price index as a demonstrated cause of the Thursday or Friday flows. It is not a rewrite of the November 10 flow article or the November 11-row supplement, and it is not investment advice.