Bitcoin spot ETFs experienced a net outflow of $578 million on November 4, marking the fifth consecutive day of outflows, according to SoSoValue data. The largest single-day outflow was from Fidelity's FBTC, which saw $357 million withdrawn. Despite this, FBTC's historical net inflow remains substantial at $12.085 billion.
As of now, the total net asset value of Bitcoin spot ETFs stands at $134.529 billion, with an ETF net asset ratio of 6.69% relative to Bitcoin's total market capitalization. Cumulatively, Bitcoin spot ETFs have recorded a historical net inflow of $60.422 billion.
Bitcoin Spot ETFs See $578 Million Outflow, Led by Fidelity's FBTC
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