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U.S. BTC and ETH ETFs have experienced total net outflows exceeding $250 million, with BlackRock's products leading the outflows



On November 6, according to SoSoValue data, the U.S. spot Bitcoin ETFs saw a net outflow of $137 million yesterday, marking the sixth consecutive day of fund outflows.

Among them, BlackRock's IBIT was the only Bitcoin ETF to record a net outflow yesterday, with $375 million (approximately 3,610 BTC). Currently, IBIT has a total net inflow of $64.34 billion.

Fidelity's FBTC, on the other hand, led the daily net inflow with nearly $113 million (about 1,090 BTC). To date, FBTC has a total net inflow of $12.2 billion.

Next is Ark & 21Shares' ARKB, with a daily net inflow of $82.94 million (797.10 BTC). Its total net inflow now stands at $1.99 billion.

Following are Grayscale Bitcoin Trust (GBTC), Bitwise BITB, and VanEck HODL, which recorded net inflows of $21.61 million (207.68 BTC), $16.97 million (163.07 BTC), and $3.68 million (35.35 BTC), respectively, yesterday.

As of now, the total net asset value (NAV) of Bitcoin spot ETFs is $139.15 billion, accounting for 6.72% of Bitcoin's total market cap, with a cumulative net inflow of $60.28 billion.

On the same day, Ethereum spot ETFs experienced nearly $119 million in net outflows, marking the sixth consecutive day of fund withdrawals.

BlackRock's ETH A (ETHA) was the only ETH ETF to record a net outflow yesterday, with $147 million (approximately 42,340 ETH). Currently, ETHA has a total net inflow of $13.83 billion.

Grayscale's ETH Trust recorded the largest daily net inflow of $24.06 million (about 6,950 ETH). Its total net inflow now stands at $1.49 billion.

Fidelity's FETH and 21Shares' TETH recorded daily net inflows of $3.45 million (997.16 ETH) and nearly $520,000 (149.78 ETH), respectively.

Currently, the total net asset value of Ethereum spot ETFs is $22.74 billion, representing 5.46% of Ethereum's total market cap, with a cumulative net inflow of $13.9 billion.
BTC-1.55%
ETH-2.79%
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