Crypto Pulse: November 6, 2026 — Bitcoin ETFs Shed $430 Million as Board Steadies After the Rout

4 min read

Crypto steadied on Friday after Thursday’s rout, with every major coin on the board in positive territory even as the flow data showed institutions heading for the exit during the selloff. In Market Briefer’s delayed snapshot at 5:15 p.m. CST, Cardano led the majors, up 3.32% to $0.185, Dogecoin rose 2.58% to $0.072 and Solana added 1.33% to $89.99, while Bitcoin rose 0.64% to $75,849 and Ethereum gained 0.92% to $2,235, in a session tracked throughout the day on Market Briefer’s Crypto desk. The calm close capped a week in which Thursday’s technology-led fall had erased Wednesday’s post-election rebound in a single session.

The board below is Market Briefer’s delayed market data, sourced from CoinGecko and delayed by about 15 minutes, as of 5:15 p.m. CST on Friday, November 6, 2026, ordered by 24-hour move, largest gain first.

TRON was the board’s smallest gainer, up 0.16% to $0.318, and the narrow spread between Bitcoin’s 0.64% rise and Cardano’s 3.32% advance marked a session of stabilisation rather than a decisive rebound, with no major coin falling. Friday’s Global Close described bitcoin as little changed near $75,783 in its own close report. Beyond the majors, the site’s top-movers board was led by Pearl, up 13.45%, Bitway, up 10.06%, and Ether.fi, up 9.82%, with Zcash up 5.61% and Rain, down 4.83%, the only decliner shown.

The day’s story was what Thursday’s fund flows revealed about demand during the fall. U.S.-listed spot Bitcoin ETFs recorded $430.2 million in net outflows on Thursday, led by Fidelity’s FBTC at $199.9 million and BlackRock’s IBIT at $105 million, according to SoSoValue data reported by CoinDesk. Those flows reversed Wednesday’s $74.6 million inflow and brought net redemptions for the week through Thursday to $869.8 million, CoinDesk reported. A separate CoinDesk roundup, citing Farside Investors, said the withdrawal extended IBIT’s outflow streak to five sessions.

Forced selling amplified the decline that produced those redemptions. More than $1.26 billion in leveraged cryptocurrency positions were liquidated over 24 hours, $1.12 billion of them long positions, or bets on higher prices, according to CoinGlass data reported by CoinDesk, while the wider CoinDesk 20 index lost 6.28% over the same period and Bitcoin itself fell more than 5.3% in the 24 hours to Friday morning before recovering the $76,000 level intraday, CoinDesk reported. FalconX and GSR analysts linked the selloff to concerns that the Democrats’ midterm sweep could slow AI data-center construction, adding to doubts about the returns on heavy infrastructure spending, CoinDesk reported, and Simon-Peter Massabni, head of business development at broker XS.com, said in emailed comments reported by CoinDesk that the stock-market rout was spilling into crypto as asset managers liquidated alternative holdings to meet margin calls and deleverage portfolios. The earlier recovery had already shown signs of fragility, CoinDesk reported, with Bitcoin futures open interest broadly flat during Wednesday’s rebound while Bitcoin traded at a discount on Coinbase relative to Binance, a sign of subdued U.S. buying demand. The haven contrast was visible again on Friday, when gold fell in the Global Close as yields rose, a reminder that Bitcoin traded this week as a high-beta risk asset alongside technology shares rather than as a haven, the divergence examined in Market Briefer’s explainer on Bitcoin vs gold. Elsewhere, CoinDesk reported Zcash activated its NU7 upgrade early Friday, cutting its target block time from 75 seconds to 25 seconds, alongside its 5.61% gain on the movers board, and that World Liberty Financial plans more WLFI buybacks partly funded by fees from reserves backing its USD1 stablecoin, the kind of dollar-backed token set out in Market Briefer’s explainer on stablecoins.

What to watch begins with Tuesday’s October consumer price index, the last inflation reading before the Federal Reserve’s December 8-9 meeting and, after Friday’s payrolls surprise, the print that will test the repricing that followed it. Friday’s Global Close reported October payrolls of 165,000 against a Reuters consensus of 65,000, with market pricing for a December rate increase at about 78% and the 10-year Treasury yield at 4.86%, conditions that leave crypto exposed to the same rates channel that drove this week’s swings. The next U.S. spot Bitcoin ETF flow print will show whether Thursday’s $430.2 million outflow was a one-session response to the rout or a continuation of the week’s $869.8 million in redemptions. On the board itself, Bitcoin’s $75,849 snapshot sits just below the $76,000 level it recovered intraday on Friday, with CoinDesk’s derivatives coverage placing a significant pocket of long liquidity in the $74,000 to $75,000 band below spot and a brighter band around $76,800 to $77,000 on a bounce, while Ethereum holds at $2,235 and Cardano at $0.185 after leading the majors higher.

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.