Yesterday, Bitcoin spot ETFs saw a net outflow of $398.62 million.
Original headline昨日比特币现货 ETF 净流出 3.9862 亿美元
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
US spot bitcoin ETFs posted $398.62 million in net outflows on November 3, per Trader T data, led by BlackRock's IBIT, which saw $405.3 million leave the fund—its largest single-day outflow since June 26. Fidelity's FBTC partially offset the bleed with $6.68 million in net inflows, while products from Grayscale (GBTC and Mini BTC), Bitwise, ARK, VanEck, Morgan Stanley, Franklin, Valkyrie, Invesco, and WisdomTree recorded zero net flows. The outflows mark a notable reversal for IBIT, the largest bitcoin ETF by assets, and signal cooling institutional demand for the asset class. Watch whether outflows persist across subsequent sessions or prove a one-day event, and whether FBTC's inflows broaden to other issuers.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
BlackRock (BLK), IBIT, Fidelity, FBTC, Grayscale
A linked name opens that asset's sentiment page.