US Spot Bitcoin ETFs Rebound with $622M Inflows, Breaking Three-Day Losing Streak

US spot Bitcoin exchange-traded funds (ETFs) saw a dramatic turnaround on November 6, drawing in approximately $622 million in net inflows and ending a three-day losing streak.

The rebound comes even as BlackRock’s iShares Bitcoin Trust (IBIT) experienced its largest single-day outflow since its launch.

According to data from SoSo Value, IBIT faced net outflows of around $69 million yesterday, while Valkyrie’s BRRR ETF recorded a smaller outflow of $2 million.