Bitcoin ETF

<p>On November 4, U.S. spot Bitcoin exchange-traded funds (ETFs) experienced their second-largest single-day outflow since their inception. <a href="https://farside.co.uk/btc/" rel="noopener noreferrer nofollow">Data</a> from Farside Investors revealed that $541 million was withdrawn, underscoring substantial investor activity. This outflow followed a record high of $563 million set earlier on May 1. Investors have shown varying confidence in different ETFs, with several funds seeing their highest levels of withdrawals.</p><h2 id="header-0">Outflows Impact Prominent Funds</h2><p>Among the hardest hit was <a href="https://cryptotale.org/bitcoin-etfs-surge-as-fidelity-and-grayscale-lead-with-massive-inflows/" rel="noopener noreferrer nofollow">Fidelity’s</a> FBTC, which recorded withdrawals amounting to $170 million. This marked the fund’s second-largest daily outflow to date. Additionally, Ark Invest’s ARKB and Bitwise’s BITB suffered significant losses. ARKB experienced outflows of $138 million, while BITB saw withdrawals totaling $80 million. These withdrawals marked their highest single-day outflows since their respective launches.</p><p>On November 4, U.S. spot Bitcoin exchange-traded funds (ETFs) experienced their second-largest single-day outflow since their inception. <a href="https://farside.co.uk/btc/" rel="noopener noreferrer nofollow">Data</a> from Farside Investors revealed that $541 million was withdrawn, underscoring substantial investor activity. This outflow followed a record high of $563 million set earlier on May 1. Investors have shown varying confidence in different ETFs, with several funds seeing their highest levels of withdrawals.</p><h2 id="header-1">Outflows Impact Prominent Funds</h2><p>Among the hardest hit was <a href="https://cryptotale.org/bitcoin-etfs-surge-as-fidelity-and-grayscale-lead-with-massive-inflows/" rel="noopener noreferrer nofollow">Fidelity’s</a> FBTC, which recorded withdrawals amounting to $170 million. This marked the fund’s second-largest daily outflow to date. Additionally, Ark Invest’s ARKB and Bitwise’s BITB suffered significant losses. ARKB experienced outflows of $138 million, while BITB saw withdrawals totaling $80 million. These withdrawals marked their highest single-day outflows since their respective launches.</p><p><a href="https://cryptotale.org/fidelity-and-ark-lead-541m-outflow-in-us-bitcoin-etf-market/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a></p><p><strong>Visit the links for more information </strong><a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdyiKOY_5Awbq2PoD5DeW6MKdly3o5hB0HcdxsfYV8M4CPau4vNzSFtWaysPlLTDg6clNb08qLd037ys-OBMK0zRW_plgKMCiv2lvyxGi9VxxtDfd8eRyov3cMM3_VPOfpfVj-eCvcTygUKKvb_q205J-4?key&#61;FUq9yJaOhT_LzydF2A2Mi2r8" /></p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdyiKOY_5Awbq2PoD5DeW6MKdly3o5hB0HcdxsfYV8M4CPau4vNzSFtWaysPlLTDg6clNb08qLd037ys-OBMK0zRW_plgKMCiv2lvyxGi9VxxtDfd8eRyov3cMM3_VPOfpfVj-eCvcTygUKKvb_q205J-4?key&#61;FUq9yJaOhT_LzydF2A2Mi2r8" /></p>

Fidelity and Ark Lead $541M Outflow in US Bitcoin ETF Market

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