#BitcoinETFsSee$412MNetOutflows
US spot Bitcoin ETFs just recorded $412 million in net outflows on November 6, marking a second straight day of heavy withdrawals.
BlackRock’s IBIT took the biggest hit, losing around $403 million. On the other hand, Fidelity’s FBTC gained $42.8 million in fresh inflows, showing that institutional investor sentiment remains split.
These heavy redemptions coincide with a broader technology stock selloff and cautious market sentiment, pulling cumulative Bitcoin ETF flows into slightly negative territory for the year.
$BTC $ARB $SOL
US spot Bitcoin ETFs just recorded $412 million in net outflows on November 6, marking a second straight day of heavy withdrawals.
BlackRock’s IBIT took the biggest hit, losing around $403 million. On the other hand, Fidelity’s FBTC gained $42.8 million in fresh inflows, showing that institutional investor sentiment remains split.
These heavy redemptions coincide with a broader technology stock selloff and cautious market sentiment, pulling cumulative Bitcoin ETF flows into slightly negative territory for the year.
$BTC $ARB $SOL
