US spot Bitcoin ETFs post $95 million in net outflows, BlackRock leads losses

US spot Bitcoin exchange-traded funds (ETFs) marked a fourth consecutive day of net outflows on November 10, as investors withdrew a total of $95 million from these products. Data provided by Farside Investors indicated that BlackRock’s iShares Bitcoin Trust (IBIT) saw the largest outflows among all funds, with redemptions totaling $78.2 million. Fidelity’s Wise Origin Bitcoin Fund (FBTC) recorded $36.8 million in withdrawals during the same session. Hashdex Bitcoin ETF (DEFI) offered a modest offset to the broader negative trend, attracting $20 million in net inflows during the trading day. However, this was not sufficient to counterbalance the overall outflows affecting US-listed Bitcoin ETFs throughout the week. Spot Bitcoin ETFs in the United States have faced intensified selling pressure over the past several sessions.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CoinTurk News.