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U.S. Spot Bitcoin ETFs Record $1,065.6 Million in Five-Day Outflows

U.S. Spot Bitcoin ETFs Record $1,065.6 Million in Five-Day Outflows

Photo: TokenPost

U.S. spot Bitcoin (BTC) exchange-traded funds recorded $74.6 million in net inflows Nov. 4, but flows over the latest five trading days totaled -$1,065.6 million. The daily gain left the shorter-term total in outflow territory. The funds recorded $115.6 million in net outflows on Nov. 3. On Nov. 4, Fidelity Wise Origin Bitcoin Fund (FBTC) led inflows, while BlackRock's iShares Bitcoin Trust (IBIT) had the largest withdrawal. The Nov. 4 fund-level breakdown details flows across the products. Cumulative net flows since launch stood at $56,608.0 million.

Source: TokenPost

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