All 12 U.S.
Bitcoin spot ETFs recorded outflows totaling $558.44 million on November 7. This was one of the largest single-day withdrawals since the funds launched.
- Bitcoin spot ETFs saw $558M in outflows, led by Fidelity’s FBTC and BlackRock’s IBIT.
- It was the second-largest single-day withdrawal since U.S.
Bitcoin ETFs launched. - Solana ETFs extended their inflow streak to nine days with $12.7M added on Nov 7.
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Fidelity’s FBTC led the outflow with $256.66 million in outflows, followed by ARKB at $144.24 million and BlackRock’s IBIT at $131.43 million.
The outflow comes after Bitcoin ( BTC ) spot ETFs saw a $240.03 million inflow on November 6.
Cumulative total net inflow across all Bitcoin ETFs stands at $59.97 billion.
Total net assets under management reached $138.08 billion as of November 7.
Fidelity and BlackRock lead Bitcoin ETF withdrawals
Grayscale’s GBTC recorded $15.44 million in outflows, while Bitwise’s BITB saw $10.68 million leave the fund.
Eight Bitcoin ETFs, including Grayscale’s BTC, VanEck’s HODL, Invesco’s BTCO, Valkyrie’s BRRR, Franklin’s EZBC, WisdomTree’s BTCW, and Hashdex’s DEFI, recorded zero flow activity.
The November 7 outflow is the second-largest single-day withdrawal in recent trading sessions.
On November 4, Bitcoin ETFs recorded $577.74 million in outflows.
The funds have posted mixed results over the past week, alternating between inflows and outflows.
Total value traded across all Bitcoin ETFs reached $5.04 billion on November 7.
BlackRock’s IBIT maintained the highest cumulative net inflow at $64.32 billion, followed by Fidelity’s FBTC at $12.00 billion.
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Solana ETFs extend inflow streak to nine days
Solana ( SOL ) spot ETFs recorded $12.69 million in inflows on November 7 and extended their consecutive inflow streak to nine trading days.
The funds have attracted steady interest since October 28, when inflows began the current run.
SoSo Value
Daily inflows during the nine-day period ranged from $9.70 million to $70.05 million.
November 3 posted the highest single-day inflow at $70.05 million.
Total net assets under management for Solana ETFs reached $575.93 million as of November 7.
Cumulative total net inflow across all Solana ETFs stands at $335.71 million.
Total value traded hit $46.04 million on November 7, up from $27.95 million the previous day.
