Update
Bitcoin Spot ETFs See $412 Million in Net Outflows
BlackRock's iShares Bitcoin Trust (IBIT) drove most of the redemptions, accounting for around $403 million of the total $412 million in net outflows from Bitcoin spot ETFs on November 6. Fidelity's Wise Origin Bitcoin Fund (FBTC) saw $42.8 million in inflows, making it a rare green number on an otherwise red board. This was the second straight day of heavy redemptions, pushing a year that once looked like a victory lap for Bitcoin ETFs into slightly negative territory.