U.S. Bitcoin ETFs have experienced six consecutive days of outflows: BlackRock saw nearly $400 million in withdrawals in a single day.

robot
Abstract generation in progress

【Block Rhythm】On November 6th, U.S. Bitcoin spot ETFs experienced another significant outflow—yesterday alone, there was a net outflow of $137 million. This marks the sixth consecutive trading day of capital outflows.

The performance varies among different providers: BlackRock’s iShares Bitcoin Trust (IBIT) saw the largest outflow, with $375.5 million pulled out yesterday. Fortunately, Fidelity’s FBTC managed to attract a net inflow of $113.3 million. ARK’s ARKB also received a net inflow of $82.9 million, somewhat easing the overall pressure.

Six days of consecutive net outflows indicate a clear cooling of market sentiment. Are institutional investors still watching or actually pulling out? This trend warrants continued attention.

BTC1.39%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
LuckyBlindCatvip
· 1h ago
It's going back to zero again, huh?
View OriginalReply0
GateUser-44a00d6cvip
· 1h ago
For 6 days, it's been flowing out, waiting for a 50% Slump.
View OriginalReply0
LiquidationWatchervip
· 1h ago
smh... getting 2022 ptsd flashbacks rn
Reply0
PoolJumpervip
· 1h ago
Funds should be withdrawn as early as possible.
View OriginalReply0
FomoAnxietyvip
· 1h ago
Aren't we suckers just buying the dip?
View OriginalReply0
UnluckyMinervip
· 1h ago
Retail investors have been played people for suckers again.
View OriginalReply0
ApeWithAPlanvip
· 2h ago
It's very normal for funds to be withdrawn.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)