Bitcoin ETFs Break Outflow Streak with $240M Inflows, Signaling Market Liquidity Shift
Bitcoin ETFs Break Outflow Streak with $240M Inflows, Signaling Market Liquidity Shift
US-traded spot Bitcoin (BTC) exchange-traded funds (ETFs) have reversed a six-day outflow streak, recording a substantial $240 million in net inflows on November 6. This positive development follows nearly a week of redemptions that saw over $660 million drained from these products. BlackRock's IBIT was a major contributor, leading with $112.4 million in inflows, indicating a potential shift in liquidity and investor sentiment towards Bitcoin ETFs.
US-traded spot Bitcoin (BTC) exchange-traded funds’ (ETFs) flows turned net positive after nearly a week of redemptions. According to Farside Investors’ data, US spot Bitcoin ETFs recorded $240 million in net inflows on Nov. 6, following six consecutive sessions that drained more than $660 million from the products. BlackRock’s IBIT led with $112.4 million.