U.S. spot bitcoin ETFs saw $430.2 million of net outflows on Thursday, led by Fidelity's FBTC at $199.9 million and BlackRock's IBIT at $105 million, according to SoSoValue figures reported by CoinDesk. Cointelegraph, citing Farside Investors, said IBIT's streak reached five straight sessions with more than $1 billion withdrawn since Oct. 30, and that spot ether ETFs lost about $100 million on the day.
Why it mattersETF flows show whether regulated, brokerage-account money is adding or cutting exposure, and Thursday reversed Wednesday's small inflow.
Glossary
- ETF net flow
- Dollars that entered or left a fund on a day, after creations and redemptions. It is not the same as trading volume.
News summary written by fadeCT from the linked reporting. Not financial advice. The fadeCT take, when present, is opinion.