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Bitcoin

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

Image: TokenPost

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. Four funds recorded withdrawals: BlackRock’s IBIT lost $403 million, Bitwise’s BITB shed $20.55 million, ARK·21Shares’ ARKB lost $20.09 million, and Grayscale’s GBTC saw $11.11 million leave. IBIT’s withdrawals exceeded total inflows.

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