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Crypto & Bitcoin

US spot Bitcoin ETF inflows hit $74.6 million after $1.15 billion in outflows

Reported by Onur Atam, CoinTurk News

Image: CoinTurk News

US spot Bitcoin exchange-traded funds (ETFs) recorded $74.6 million in net inflows on November 4, breaking a three-day streak of significant withdrawals that had totaled more than $1.15 billion. While the rebound in inflows briefly shifted momentum, analysts noted that the net positive does not yet signal a change in the broader pattern of investor sentiment toward Bitcoin ETFs. Fund-level data showed large differences in investor behavior. Fidelity’s FBTC brought in $236.7 million in new funds, whereas BlackRock’s IBIT experienced outflows of $201.2 million over the same period.

This is an excerpt. The reporting belongs to CoinTurk News.

Read the full report on en.coin-turk.com
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