US Spot Bitcoin ETFs See $411.9 Million in Friday Outflows
US spot Bitcoin ETFs recorded net outflows of $411.9 million on November 6. BlackRock’s IBIT had $403 million in redemptions, while Fidelity’s FBTC attracted $42.8 million.
TL;DR: US spot Bitcoin ETFs recorded a net $411.9 million outflow on November 6, according to Farside Investors. BlackRock’s IBIT accounted for $403 million in redemptions, while Fidelity’s FBTC attracted $42.8 million. The split matters more than a simplistic claim that every institutional investo…