FBTC recorded the largest net inflow among the funds tracked by Farside on November 4. Other funds also received money, including Bitwise’s BITB with USD 15.2 million, ARK Invest’s ARKB with USD 19.9 million, and Invesco’s BTCO with USD 4 million.
The industry-wide positive reading followed net outflows of USD 643.2 million on October 30, USD 398.6 million on November 2, and USD 115.6 million on November 3. The November 4 recovery ended that three-session run, although the latest gain did not offset those withdrawals.
Fidelity’s daily flow also exceeded its USD 103.1 million inflow on October 13 and USD 212.7 million on October 21. However, demand has varied sharply. FBTC lost USD 201 million on October 30 before recording inflows of USD 6.7 million and USD 6.8 million on November 2 and 3, respectively.
Farside’s data puts FBTC’s cumulative net inflows at approximately USD 10.43 billion since launch. The latest figures follow a period of uneven Bitcoin ETF demand as investors adjusted their exposure to the cryptocurrency.
