US Bitcoin funds lose another $411.9 million on Friday
Farside’s table records $411.9 million of net outflows from US spot Bitcoin ETFs on 6 November. Across the five sessions from 2–6 November, the figures sum to about $1.28 billion leaving the funds.
Friday’s largest outflow was BlackRock’s IBIT at $403 million. Fidelity’s FBTC recorded $42.8 million of inflows, partially offsetting withdrawals elsewhere. The total therefore describes the group, not a uniform decision by every fund’s investors.
The week contained one positive session: $74.6 million entered on Wednesday. Outflows on Monday, Tuesday, Thursday and Friday outweighed that inflow. The weekly total is our arithmetic from Farside’s published daily figures, not a separate estimate of all crypto investment activity.
ETF flows measure money entering and leaving those products. They are different from exchange trading volume, liquidations and the change in Bitcoin’s market value. They also do not identify each investor’s motive or establish what the price will do next.
These are dated observations for completed US sessions, not a live Saturday price call. Farside notes that its table is generated automatically and may contain errors; subsequent revisions can change the totals.
The funds have had a revolving door fitted. This week it seems rather better at revolving outwards.
The receipts
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