Spot Bitcoin ETFs in the United States experienced a day of outflows on November 14, ending a six-day inflow streak that had brought over $4.73 billion into the funds.

According to data from SoSoValue, 12 spot Bitcoin ETFs recorded a net outflow of $400.67 million on Thursday, marking the end of a positive period over the previous six trading days. The majority of the outflows were led by Fidelity’s FBTC, which saw an outflow of $179.16 million – its largest daily outflow since May 1, when it recorded $191.1 million in outflows.

ARK and ARKB 21Shares followed closely, with $161.72 million leaving the fund. Bitwise BITB also contributed to the negative momentum with record outflows of $113.94 million, its highest to date. Grayscale’s GBTC and Mini Bitcoin Trust saw outflows of $69.59 million and $5.28 million, respectively.

BlackRock IBIT Maintains Growth Despite Overall Outflows

Despite the negative flows among most Bitcoin ETFs, BlackRock’s IBIT fund recorded a net inflow of $1.236 billion, maintaining a six-day inflow streak that has brought over $3.2 billion into the fund.

According to Bloomberg analyst Eric Balchunas, IBIT has accumulated more than $40 billion in assets under management just 211 days after its launch. This success places IBIT among the top 1% of all ETFs by AUM and outperforms all 2,800 ETFs introduced over the past decade. At just 10 months old, IBIT has also surpassed the iShares Gold Trust, a gold ETF that currently manages approximately $33.41 billion in assets.

VanEck’s HODL fund recorded a modest inflow of $2.5 million on Thursday, while the remaining ETFs saw no flows.

Bitcoin ETF Outflows Amid Price Decline

The total trading volume for the 12 BTC ETFs was $4.82 billion on November 14, down from a record $8.07 billion the previous day.

Bitcoin ETF outflows came as Bitcoin’s price fell below $87,000 on Friday. The drop followed remarks by Federal Reserve Chairman Jerome Powell, who indicated there was no urgency to lower interest rates. This decline left Bitcoin roughly $6,500 below its record high of $93,477 reached on November 13.

Spot Ether ETFs Record $3.24 Million Outflow

Nine spot Ether ETFs also saw a negative day on November 14, with a net outflow of $3.24 million, ending their six-day inflow streak. Most of the outflow came from Grayscale’s ETHE fund, which saw $21.9 million leave the fund. VanEck’s ETHV recorded an outflow of $1.14 million.

BlackRock’s ETHA and VanEck’s QETH managed to offset some of t#he day’s outflows, with inflows of $18.87 million and $929,010, respectively.

These nine Ether ETFs had a cumulative total net inflow of $238.27 million on Thursday.

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