Spot Bitcoin (BTC) ETFs Record $203 Million Weekly Net Outflow

Spot Bitcoin (BTC) ETFs posted a combined $203 million net outflow for the week ended Oct. 30, with Fidelity’s FBTC recording the largest weekly net outflow and BlackRock’s IBIT leading inflows. FBTC recorded a $166 million weekly net outflow from Oct. 26 through Oct. 30. Ark & 21 Shares’ ARKB recorded a $130 million weekly net outflow, the second-largest fund-level total. IBIT recorded $177 million in net inflows, the largest weekly inflow among the funds. That gain was not enough to offset outflows elsewhere in the group, leaving the products with a combined weekly net outflow. Cumulative net inflows stood at $56.98 billion across the spot Bitcoin ETFs. The funds held $98.14 billion in net assets as of publication at 10:24 p.m. ET Nov. 1 (03:24 UTC Nov. 2).

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