Bitcoin ETF Outflows Hit $1.28B as BlackRock Leads Weekly Losses

US spot Bitcoin ETF products lost $1.28 billion during November 2–6, while Ethereum funds recorded another $365.2 million in net withdrawals. BlackRock’s IBIT accounted for most Bitcoin losses, but Fidelity’s competing fund ended the five-session period with inflows. According to Farside Investors , combined withdrawals from both categories reached about $1.65 billion. The Bitcoin ETF market posted four losing sessions, with Wednesday the only day of net inflows. Friday alone brought $411.9 million in Bitcoin redemptions and $93.3 million in Ether withdrawals. BlackRock’s iShares Bitcoin Trust (IBIT) experienced losses worth $1.21 billion during the week. On Monday and Friday, the fund witnessed the biggest withdrawals in its history with $405.3 million and $403 million, respectively. There were withdrawals in the fund on all the days.

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