Spot ETFs: Mixed Picture Under a Small Net Inflow

US spot ETF flows on Nov 4:
BTC ETFs: +$74.6M net
– $FBTC +$236.7M, $ARKB +$19.9M, $BITB +$15.2M
– $IBIT −$201.2M ETH ETFs: +$53M net
– ETHA +$32.8M, FETH +$19.2M
– ETHB −$22.4M
Takeaway: Inflows were positive overall, but BlackRock’s IBIT saw a large outflow. Inflows are not broad-based yet.
What to watch: whether IBIT outflows reverse now that BTC has reclaimed $80K.
#BitcoinETF #IBIT #InstitutionalFlows