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US spot Bitcoin ETFs post $412m net outflows as BlackRock's IBIT sheds $403m

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US spot Bitcoin ETFs recorded $412m in net outflows on 6 Nov, with BlackRock's IBIT losing $403m, according to Farside Investors. Fidelity's FBTC took in $42.9m, while Bitwise, Ark Invest and Grayscale funds also saw outflows.

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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. US spot Bitcoin ETFs post $412m net outflows as BlackRock's IBIT sheds $403m

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