US spot Bitcoin ETFs took in $75 million on Nov. 4, ending three consecutive sessions of net withdrawals, according to Farside Investors' daily table. The positive session depended on Fidelity's FBTC overcoming another negative reading from BlackRock's IBIT.
FBTC recorded net inflows of $237 million, while IBIT recorded net outflows of $201 million. The reversal followed net outflows of $643 million on Oct. 30, $399 million on Nov. 2 and $116 million on Nov. 3.
Four funds drive inflows
Three other funds also attracted money:
- ARKB recorded net inflows of $20 million
- BITB recorded net inflows of $15 million
- BTCO recorded net inflows of $4 million
IBIT was the only fund with a negative reading that day. It had also recorded withdrawals on each of the preceding three sessions, so the aggregate reversal occurred while outflows continued from that product.
Seven funds showed zero net flows: EZBC, BRRR, HODL, BTCW, MSBT, GBTC and BTC. Across the 12 products tracked by Farside, four finished positive, one negative and seven unchanged.
What to watch next
CryptoSlate's Nov. 4 report described the three-session withdrawal streak using ETF data through Nov. 3 and identified subsequent flows as the next demand test. The completed Nov. 4 session advances that picture with a positive observation after the streak.
Repeated positive sessions would show whether aggregate inflows persist. More funds recording inflows would indicate broader participation across products, while IBIT's next readings will show whether its withdrawals continue to offset money entering elsewhere.
