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US spot Bitcoin ETFs recorded USD 299.90 million in net withdrawals, led by BlackRock's IBIT with USD 269.73 million in outflows.
BitMine reported a USD 6.3 billion annual net loss, while Deutsche Bank launched cryptocurrency custody services supporting five digital assets.
CFTC approved tZERO to operate a regulated derivatives exchange ahead of its proposed USD 350 million merger.
The cryptocurrency market witnessed several major developments as spot Bitcoin ETFs recorded USD 299.90 million in net outflows. Meanwhile, BitMine reported a USD 6.3 billion annual net loss, largely driven by unrealized Ethereum losses. Deutsche Bank launched its cryptocurrency custody service for institutional clients across Europe, and Indian exchange Unocoin faced security concerns following unauthorized server access.
SoSoValue data suggests the Bitcoin spot ETF saw a total net outflow of USD 299.90 million yesterday. The Bitcoin Spot ETF with the highest net inflow yesterday was Morgan Stanley's ETF MSBT, with a daily net inflow of USD 8.96 million, and the total historical net inflow of MSBT currently stands at USD 834.13 million.
The Bitcoin Spot ETF with the highest net outflow yesterday was BlackRock's ETF IBIT, with a daily net outflow of USD 269.73 million, and the total historical net inflow of IBIT currently stands at USD 64.54 billion.
The total net asset value of Bitcoin Spot ETFs is USD 93.70 billion, with an ETF net asset ratio of 6.24%. The historical cumulative net inflow has reached USD 55.10 billion.
BitMine reported a USD 6.3 billion net loss for its fiscal year ended August 31, in an annual report filed with the SEC on Tuesday. This came almost entirely from the falling price of Ethereum (ETH), booking USD 6.2 billion in unrealized losses. Over the fiscal year, ETH traded on Coinbase as high as USD 4,763 and as low as USD 1,506.
The former Bitcoin miner ended fiscal 2026 with 5,901,837 ETH, up from 1,874,927, costing USD 19.9 billion and was worth USD 14.6 billion at year-end prices. BitMine valued its combined crypto, cash and equity holdings at USD 15.4 billion on the same date, and its Monday update put that total at USD 14.3 billion as of November 8.
Also Read: Bitcoin Core Discloses Three Security Vulnerabilities Affecting Thousands of Nodes
Deutsche Bank went live with its Digital Asset Custody (DAC) service on 11 November 2026, opening regulated crypto custody to institutional and corporate clients across Europe. The launch arrived less than two months after the bank first unveiled the plan on 16 September 2026, with go-live tied to the applicable regulatory timeline.
The service lets clients safeguard and transfer selected digital assets, while Deutsche Bank manages the wallets and private keys on their behalf. The step marks the bank's entry into holding crypto directly for its clients rather than through a third party. The custody service supports five digital assets: Bitcoin, Ether, and three euro- and dollar-denominated tokens, USDC, EURC and EURAU.
Indian cryptocurrency exchange Unocoin has remained inaccessible to users following a November 9 security incident, while blockchain analytics platform Arkham Intelligence is showing zero holdings across approximately 81,000 addresses associated with the exchange.
In a November 9 statement, Unocoin confirmed that it had identified unauthorized access to its servers and temporarily disabled user logins while its security team investigated the incident. The exchange assured customers that no cryptocurrency funds had been lost, although it did not provide details about the unauthorized access.
Meanwhile, Onchain Lens has raised questions about Unocoin’s cryptocurrency holdings after pointing to Arkham Intelligence data showing a portfolio value of USD 0 across roughly 81,000 addresses attributed to the platform.
The US Commodity Futures Trading Commission (CFTC) has approved tZERO to operate a regulated derivatives exchange as the company prepares to go public through a proposed USD 350 million merger. According to tZERO’s November 11 announcement, its wholly owned subsidiary, tZERO DCM, LLC, received registration as a designated contract market (DCM).
The approval follows the October 16 registration of another subsidiary, tZERO DCO, LLC, as a derivatives clearing organization. The two approvals allow tZERO to develop trading and clearing services through separate regulated companies, with plans to offer the infrastructure to financial institutions and other market participants.
Also Read: Ethereum Wallet Sells 4,785 ETH as Price Dips Near USD 2,000
1. How much did Bitcoin spot ETFs lose in net outflows?
According to SoSoValue, US spot Bitcoin ETFs recorded USD 299.90 million in net outflows. BlackRock's IBIT accounted for USD 269.73 million, representing the largest withdrawal among the funds.
2. Why did BitMine report a USD 6.3 billion net loss?
BitMine reported a USD 6.3 billion net loss for its fiscal year ending August 31, 2026. Approximately USD 6.2 billion resulted from unrealized losses associated with declining Ethereum prices.
3. What is Deutsche Bank's new cryptocurrency custody service?
Deutsche Bank launched its Digital Asset Custody service on November 11, 2026, for institutional and corporate clients. It supports Bitcoin, Ethereum, USDC, EURC and EURAU, with the bank managing wallets and private keys.
4. Was Indian cryptocurrency exchange Unocoin hacked?
Unocoin confirmed unauthorized server access on November 9 and temporarily disabled user logins while investigating. The exchange stated that customer cryptocurrency funds had not been lost, although questions remained about its reported wallet holdings.
5. What does the CFTC's approval mean for tZERO?
The CFTC approved tZERO DCM as a designated contract market, allowing it to develop regulated derivatives trading services. Alongside its previously approved clearing subsidiary, tZERO plans to provide trading and clearing infrastructure to institutional participants.
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