US spot $BTC ETFs just flipped hard red again.

Nov 5 flows (SoSoValue):
• Net outflow −$430.2M — biggest single day this month
• Fidelity FBTC led (−$199.9M); BlackRock IBIT (−$105.0M)
• Reversed Nov 4’s +$74.6M inflow; no fund logged a net inflow that day

Tape right now (Binance ~14:10 ICT):
$BTC ~$75,470 (−6.5% 24h), session low $75,208
$ETH ~$2,223 (−8.6%)

Institutional exit, or just one ugly risk-off session after the Nasdaq dump?

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