Update
US Spot Bitcoin and Ethereum ETFs Lose $530 Million
US spot Bitcoin and Ethereum ETFs suffered $530 million in combined withdrawals on November 5, marking the fifth consecutive trading session of withdrawals for the Bitcoin ETFs. Fidelity's FBTC suffered the biggest withdrawals on that day, losing $199.87 million, while BlackRock's iShares Bitcoin Trust (IBIT) recorded $105 million in outflows. None of the 12 US spot Bitcoin funds posted net inflows as the group shed $430 million, with Ether ETFs losing nearly $100 million more. The withdrawals extended a broader retreat that had begun before Thursday's market turbulence.