Crypto Pulse: November 11, 2026 — ETF Outflows Slow to $95 Million as the Board Turns Green

4 min read

Crypto rose modestly on Wednesday, steadying after Tuesday’s inflation shock even as the withdrawal from the funds entered a fourth day. In Market Briefer’s delayed snapshot at 4:31 p.m. CST, Cardano rose 1.74% to $0.177 and Solana gained 1.56% to $84.34, while Ethereum rose 1.04% to $2,070, Bitcoin added 0.88% to $74,248 and Dogecoin rose 0.68% to $0.068, in a session tracked throughout the day on Market Briefer’s Crypto desk. TRON was the only major in negative territory, down 0.17% to $0.317.

The calmer board came with a change in the pace of the selling rather than an end to it. U.S.-listed spot Bitcoin ETFs lost $95 million on Tuesday, a fourth straight day of net outflows, according to SoSoValue data reported by CoinDesk, but the figure was less than half Monday’s $201 million and well below the $412 million and $430 million recorded on Friday and Thursday. Leverage was flushed in the process, with crypto futures liquidations surging 288% to $725 million in 24 hours, according to CoinGlass data reported by CoinDesk.

The board below is Market Briefer’s delayed market data, sourced from CoinGecko and delayed by about 15 minutes, as of 4:31 p.m. CST on Wednesday, November 11, 2026, ordered by 24-hour move, largest first.

Cardano was the board’s largest gainer and Solana its second, while Bitcoin held above the level it had defended on Tuesday. Wednesday’s Global Close, in its own delayed snapshot, put bitcoin up 1.06% to $74,482 and ether near $2,083, a steadier session than the equity rebound around them. Beyond the majors, the site’s top-movers board was led by Midnight, up 14.37%, Pearl, up 6.74%, and Internet Computer, up 5.57%, while Pepe fell 10.78% and Bitway fell 9.72%.

The day’s story was the slowing pace of the withdrawal from the funds. CoinDesk’s Markets Today coverage reported that U.S. spot Bitcoin ETFs lost $95 million on Tuesday, according to SoSoValue, extending outflows to a fourth straight day, with BlackRock’s IBIT accounting for $78 million of that total in its eighth straight session of redemptions. CoinDesk’s Daybook set the sequence that gives the smaller figure its meaning, with Tuesday’s $95 million following outflows of $201 million on Monday, $412 million on Friday and $430 million on Thursday, a deceleration across four sessions even as the direction of the flows stayed negative.

The cost of Tuesday’s inflation surprise was carried mainly by leveraged traders. Crypto futures liquidations surged 288% to $725 million in 24 hours after Tuesday’s hotter-than-expected inflation print, according to CoinGlass data reported by CoinDesk, with ether liquidations of $253 million exceeding Bitcoin’s $200.5 million, of which 85% were long positions. Positioning stayed defensive, with puts dominating Bitcoin options on Deribit, where eight of the 10 most active contracts expiring between November 12 and November 27 were puts at strikes from $69,000 to $74,000, CoinDesk reported. Bitcoin itself was little changed near $74,000 early on Wednesday after dipping to $72,700 on Tuesday, sitting out the early stock-futures rebound before the site’s delayed board turned green later in the day.

Liquidity outside the funds tightened at the same time. The market capitalization of Tether’s USDT has fallen $6.6 billion over 60 days, the biggest 60-day contraction since CryptoQuant’s data began in 2022 and more than double the drop that followed the collapse of FTX four years ago, according to CryptoQuant data reported by CoinDesk, while the Coinbase Premium, a gauge of U.S. demand, has been negative for 30 straight days. That tightening in the funding layer examined in Market Briefer’s explainer on stablecoins frames the board’s levels, with CryptoQuant placing Bitcoin’s 200-day moving average near $73,200 and its 365-day average at $76,400, according to CoinDesk.

What to watch begins on Thursday, when the U.S. bond market reopens after the Veterans Day closure and gives its first live verdict on Tuesday’s repricing, with the 2-year Treasury yield at 4.74% and the 10-year at 4.99% as the reference closes, according to Wednesday’s Global Close. Thursday also brings initial jobless claims, forecast at 194,000 against 189,000 the prior week, existing home sales, the Energy Information Administration’s crude inventory report, a 30-year Treasury auction and Fed speakers Hammack, Barr, Goolsbee, Daly and Schmid, before Friday’s producer price index — the second inflation print before the December 8–9 meeting, where CME FedWatch put the chance of a quarter-point hike at 90%, according to CoinDesk. The next U.S. spot Bitcoin ETF flow print will show whether Tuesday’s smaller $95 million outflow marked a genuine slowing. On the board itself, Bitcoin at $74,248 in the site’s delayed snapshot sits above the 200-day average near $73,200 that CryptoQuant identified, with Ethereum at $2,070 and Solana at $84.34.

Educational content — not investment advice. Crypto Pulse is AI-assisted research produced with automated data checks; figures are verified against the cited sources at publication time.