Particle.news
Download on the App Store

Bitcoin ETFs Post $1.2 Billion Weekly Outflow After $558 Million One-Day Redemption

The third-largest weekly redemption since launch underscores institutional rebalancing driven by ETF mechanics.

Overview

  • All 12 U.S. spot Bitcoin ETFs saw $558.4 million in redemptions on Nov. 7, led by Fidelity’s FBTC (~$256.7 million), Ark/21Shares’ ARKB (~$144.2 million), and BlackRock’s IBIT (~$131 million).
  • Net flows turned positive the prior session with a $240 million inflow on Nov. 6, snapping a six-day streak that had drained more than $660 million.
  • Weekly withdrawals exceeded $1.2 billion, marking the third-largest on record for U.S. spot Bitcoin funds based on SoSoValue data cited by multiple outlets.
  • Solana spot ETFs extended a nine-day inflow run with roughly $12.69 million added on Nov. 7, highlighting a rotation of capital within crypto.
  • Since launch, U.S. spot Bitcoin ETFs have amassed about $135 billion in assets, representing a mid-single-digit share of circulating supply that makes their daily flows a significant driver of market liquidity.