US spot Bitcoin ETFs bleed $185 million as outflow streak hits seven days

BlackRock and Fidelity accounted for every dollar of Bitcoin fund outflows on November 13, while Ethereum ETFs eked out a small gain US spot Bitcoin ETFs lost $185 million in net outflows on November 13. That made it seven straight trading days of investors heading for the exits. Ethereum ETFs, meanwhile, pulled in $2.36 million on the same day. It is not exactly a stampede in the other direction, but in a week like this, any green on the board stands out. The more precise figure from flow trackers, including Farside Investors, puts the Bitcoin ETF outflow at $185.4 million. Nearly all of it came from the two biggest names in the business. BlackRock’s iShares Bitcoin Trust (IBIT) led the retreat with a $143.5 million withdrawal.

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