U.S. Bitcoin and Ethereum ETFs saw combined net outflows of $1.65 billion over six days.
Crypto.news reports that these redemptions occurred between November 2 and 6. BlackRock’s IBIT recorded outflows in every trading session, while Fidelity’s Bitcoin fund saw positive inflows over the same period.
· In the same week, Bitcoin products from the two firms saw opposite fund flows, indicating that redemptions were not evenly distributed across all issuers.
· The data covers only November 2–6 and is insufficient to indicate a longer-term trend.
Can inflows into Fidelity’s Bitcoin fund continue into next week?
Crypto.news reports that these redemptions occurred between November 2 and 6. BlackRock’s IBIT recorded outflows in every trading session, while Fidelity’s Bitcoin fund saw positive inflows over the same period.
· In the same week, Bitcoin products from the two firms saw opposite fund flows, indicating that redemptions were not evenly distributed across all issuers.
· The data covers only November 2–6 and is insufficient to indicate a longer-term trend.
Can inflows into Fidelity’s Bitcoin fund continue into next week?
