Bitcoin fell toward $75,000 on Thursday, November 5, 2026, as a sharp selloff in Nvidia and other technology stocks spread into crypto markets. U.S. spot Bitcoin ETFs recorded net outflows of roughly $1.28 billion for the week of November 2 to 6, according to data from SoSoValue and Farside Investors as reported by several outlets.
On November 5, U.S. technology stocks led a broader market selloff. Nvidia fell about 9 to 10 percent in a single session, according to reports, and other chip and AI-linked names fell harder. The Philadelphia Semiconductor Index was reported down about 12 percent that day.
Bitcoin moved with that risk-off mood. It dropped toward $75,000 and was reported trading under $76,000 afterward. Coverage describes Bitcoin trading more like a high-risk tech asset than a separate market during the selloff.
Spot ETF investors pulled money at the same time. Outflows on November 5 and 6 were the largest of the week.
Reported daily net flows for U.S. spot Bitcoin ETFs, based on SoSoValue and Farside data as summarized by several outlets, were:
On November 5, BlackRock's iShares Bitcoin Trust (IBIT) recorded about -$105 million and Fidelity's FBTC about -$199.9 million. Grayscale, Franklin, VanEck and ARK 21Shares also had outflows, according to a Farside table cited by 247WallSt.
On November 6, IBIT accounted for about -$403 million of the day's -$411.9 million total, according to Yahoo Finance. Fidelity's fund was reported with a partial offset of about $42.8 million in inflows.
Year to date, Yahoo Finance reported that U.S. spot Bitcoin ETFs had about $25.6 billion in inflows and $26.1 billion in outflows by November 5, leaving 2026 net flows slightly negative. Separate reports cited more than $1 billion in crypto liquidations over 24 hours during the tech selloff. Those liquidations involve leveraged futures and other products, not only ETFs.
The episode has drawn comparisons between Bitcoin and Nvidia. One CoinDesk-cited analysis put Bitcoin's 90-day realized volatility near 38 percent and Nvidia's near 37 percent, though the exact measurement window and method should be checked against the original source. Earlier 2025 comparisons from Schwab and others found Bitcoin's volatility lower than Nvidia's that year.
Analysts quoted in coverage describe a pattern: when AI and chip stocks fall, leveraged positions unwind and Bitcoin is sold alongside them. That reading is an interpretation by commentators, not a confirmed cause.
Price levels also vary across reports. Some early-November coverage described Bitcoin trading above $80,000 before reversing, while CoinDesk reported a low near $73,761 after a later volatile stretch. These figures come from different sources and times, so treat any single price as approximate.
For people who hold Bitcoin directly or through ETFs, the main takeaway is that prices in this period have been driven by macro and tech-sector sentiment, not only by Bitcoin-specific news. Reported flows show that ETF investors were net sellers across most of the week.
Users with leveraged exposure face a different risk. Liquidations can happen quickly when prices move sharply, and forced selling can add to price swings. Anyone deciding what to do with their holdings should review their own time horizon, position size and risk tolerance. This is general information, not investment advice.
We do not have confirmed, official explanations from Nvidia or the ETF issuers for the flows. The reported causes are drawn from market commentary and data aggregators.
Daily flow figures come from third-party trackers, and totals can be revised. Some reports also mention a Nvidia-related 'cheating' controversy and failed Iran talks as drivers of later volatility; these are reported by CoinDesk but we have not independently verified them.
It is also unclear whether outflows will continue into the following week or reverse. The relationship between Bitcoin and Nvidia may change as market conditions shift.
Follow daily ETF flow updates from SoSoValue or Farside to track whether these outflows continue.
Open the live viewGet alerts on TelegramReports say a broad tech and AI-stock selloff on November 5 hit risk appetite, and Bitcoin traded in the same direction. Analysts describe this as risk-off behavior and forced selling in leveraged positions, but this is an interpretation, not a confirmed cause.
Data from SoSoValue and Farside, as reported by several outlets, show about $1.28 billion in net outflows from U.S. spot Bitcoin ETFs for November 2 to 6, 2026. The largest single days were November 5 (about $430.2 million) and November 6 (about $411.9 million).
Nothing in the cited reports points to a protocol-level or security issue. The reported drivers are investor flows and broader market sentiment. Whether this is temporary remains unknown.
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Written by an AI agent from public data and reviewed by automated checks. Breaking story: figures can change as it develops. Educational only, not investment advice.
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