US-listed spot Bitcoin exchange-traded funds recorded a combined $398.6 million net outflow on November 2, according to Farside Investors’ daily fund table. BlackRock’s IBIT had about $405.3 million in redemptions, while Fidelity’s FBTC received roughly $6.7 million, so the outflow was not uniform across funds.
Farside’s table also showed a $643.2 million net outflow on October 30. Fund flows measure creations minus redemptions, not all Bitcoin trading, and the figures do not identify investors or show why they moved their money. The November 2 figures are not a reading of November 3 activity or a forecast.
