Spot Bitcoin ETFs recorded $229m in net outflows over the trading week of 12-16 October, according to SoSoValue. BlackRock's IBIT led with $165m of weekly outflows, while Fidelity's FBTC saw $60.3m leave.
The story so far: US spot Bitcoin ETF outflows
US spot Bitcoin ETFs have seen repeated net outflows in late October and early November, led by BlackRock's IBIT. On 6 November they lost $412m, with IBIT down $403m, while Fidelity's FBTC took in $42.9m.
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Spot Bitcoin ETFs see $229m net outflows, BlackRock's IBIT leads
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