Yesterday, November 1, significant net outflows were observed in several U.S. Bitcoin spot ETFs monitored by Farside Investors. Specifically, ARK’s ARKB recorded a net outflow of US$94.2 million, Fidelity FBTC had a net outflow of US$75.2 million, Bitwise’s BITB had a net outflow of US$74 million, and Grayscale GBTC experienced a net outflow of US$31.1 million.
Although the data for BlackRock’s IBIT is not yet available, these outflows suggest a potential shift in investment behavior in the Bitcoin spot ETF market.
<p>The post US Bitcoin Spot ETF Faces $272m Net Outflow: ARK, Fidelity, first appeared on CoinBuzzFeed.</p>
