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U.S. spot Bitcoin ETFs see $412M outflows, led by BlackRock's IBIT with $403M withdrawn

07 Nov 2026, 07:20 WIB
Tokenpost
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Bearish
U.S. spot Bitcoin ETFs see $412M outflows, led by BlackRock's IBIT with $403M withdrawn

U.S. spot Bitcoin ETFs experienced net outflows for the second day in a row, totaling $411.92 million on November 6, slightly less than the previous day. BlackRock's IBIT saw the largest withdrawals of $403 million, while Fidelity's FBTC was the only ETF to attract inflows, gaining $42.82 million. The total net assets of these ETFs stand at $95.90 billion, about 6.28% of Bitcoin's market cap, with IBIT holding the largest share at $60.29 billion. This trend indicates cautious investor sentiment despite substantial trading volumes, with BlackRock and Fidelity ETFs leading activity.

Bitcoin spot ETFs' recent outflows provide context for cryptocurrency market activity on Pluang as of Nov 07, 2026 12:21 WIB: among 50 major cryptocurrencies, 32 rose and 17 fell. ONE (Harmony) surged 73.58% to Rp35 with a typical hold time of 154 days, contrasting sharply with SXP (Solar), which dropped 46.27% to Rp37 over a 94-day hold. BAL (Balancer) showed moderate gains of 11.14% at Rp16.297 with an 85-day hold time, illustrating varied investor behavior across assets.

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