Odaily Planet Daily report: According to SoSoValue data, as of November 5 Eastern Time, the total net outflow of spot Bitcoin ETFs amounted to $430 million. Fidelity’s FBTC led with a single-day net outflow of $200 million, with a total historical net inflow of $10.223 billion; BlackRock’s IBIT recorded a single-day net outflow of $105 million, with a total historical net inflow of $65.504 billion. As of the time of reporting, the total net asset value of spot Bitcoin ETFs stood at $96.647 billion, with an ETF net asset ratio of 6.31% and cumulative historical net inflows of $56.111 billion.
Bitcoin spot ETFs recorded a $430 million net outflow on November 5, with FBTC leading.
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Summary
Bitcoin news on November 5 shows spot ETFs experienced a $430 million net outflow, according to Odaily. Fidelity’s FBTC led with a $200 million outflow, while BlackRock’s IBIT saw a $105 million decline. Total net assets for Bitcoin spot ETFs remain at $96.65 billion, with a 6.31% net equity ratio and $56.11 billion in cumulative inflows. On-chain data indicates continued volatility in institutional flows.
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