Bitcoin spot ETFs shed $411.92 million in second straight session of outflows

U.S. spot Bitcoin ETFs recorded a second consecutive session of net outflows, with withdrawals easing about 4% from the previous day. BlackRock’s IBIT lost $403 million, while Fidelity’s FBTC attracted $42.82 million. The latest withdrawals extended the market’s outflow streak to two trading sessions. SoSoValue data showed U.S. spot Bitcoin ETFs posted net outflows of $411.92 million on November 6. Outflows continued from November 5, although the daily total declined about 4%. Cumulative net inflows stood at $55.70 billion. Among the 12 ETFs, Fidelity’s FBTC was the only fund to record inflows, attracting $42.82 million.

Source: TokenPost