Fidelity FBTC leads with $199.87 million outflow as Bitcoin spot ETFs turn negative

U.S. spot Bitcoin ETFs returned to net outflows after a single day of inflows. Data from SoSoValue showed net outflows of $430.20 million on November 5. The reversal followed net inflows of $74.57 million on November 4. Cumulative net inflows stood at $56.11 billion. Six of the 12 funds recorded withdrawals: Fidelity’s FBTC lost $199.87 million, BlackRock’s IBIT $104.97 million, Grayscale’s GBTC $49.90 million, Franklin’s EZBC $32.92 million, VanEck’s HODL $23.64 million and ARK·21Shares’ ARKB $18.90 million. Total trading volume reached $3.89 billion. BlackRock’s IBIT led with $2.98 billion, followed by Fidelity’s FBTC at $423.18 million and Grayscale’s GBTC at $212.08 million. Total net assets stood at $96.65 billion, equivalent to about 6.31% of Bitcoin’s market capitalization.

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