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Bitcoin spot ETFs log $399m net outflows, IBIT leads exits

NewsFeeds update

Bitcoin spot ETFs had $399m in net outflows on 2 November, per SoSoValue. Fidelity's FBTC drew $6.68m and BlackRock's IBIT lost $405m; net assets were $98.1bn, with $56.6bn in cumulative inflows.

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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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  1. Bitcoin spot ETFs log $399m net outflows, IBIT leads exits

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