Bitcoin ETF inflows rebound to $74.57 million, analyst eyes $363,000 target

Bitcoin received heightened attention from institutional investors as spot Bitcoin ETFs in the United States rebounded with net inflows of $74.57 million on November 4. Fidelity’s FBTC fund recorded a notable $237 million in new investments, positioning itself as the leader among ETFs for the session. Data provided by SoSoValue also showed that spot Ether ETFs ended a five-day streak of outflows, attracting $53.02 million on the same day. The return of net inflows after three sessions of withdrawals reflects changing sentiment among institutional participants. Over the previous three days, outflows from spot Bitcoin ETFs reached about $1.16 billion, adding pressure to Bitcoin’s price and market outlook. BlackRock’s IBIT, the largest fund by assets, stood out with withdrawals totaling $201.24 million, suggesting that activity across major funds is not uniform.

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