Bitcoin ETF figures for the year-to-date have now turned NEGATIVE — a swing of $25.7 billion compared to the same period last year.
According to Farside, U.S. spot Bitcoin ETFs have seen a net outflow of $1.03 billion so far this year (as of November 9).
Just three weeks ago, the year-to-date figures were still in positive territory, with an inflow of $1.43 billion.
BlackRock’s IBIT fund has seen outflows for seven consecutive days, totaling a loss of $1.66 billion.
This comes despite BlackRock stating that demand from "whales" to exchange BTC for IBIT is "the highest we have ever seen," with approximately $3.6 billion converted to date.
Excluding IBIT, U.S. spot Bitcoin ETFs have recorded a net outflow of $3.8 billion this year.
By this same date last year, they had attracted $24.7 billion, while in 2024, they had brought in $25.8 billion.
According to Farside, U.S. spot Bitcoin ETFs have seen a net outflow of $1.03 billion so far this year (as of November 9).
Just three weeks ago, the year-to-date figures were still in positive territory, with an inflow of $1.43 billion.
BlackRock’s IBIT fund has seen outflows for seven consecutive days, totaling a loss of $1.66 billion.
This comes despite BlackRock stating that demand from "whales" to exchange BTC for IBIT is "the highest we have ever seen," with approximately $3.6 billion converted to date.
Excluding IBIT, U.S. spot Bitcoin ETFs have recorded a net outflow of $3.8 billion this year.
By this same date last year, they had attracted $24.7 billion, while in 2024, they had brought in $25.8 billion.
