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. Summary 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. 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. 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. Solana ETF data: 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.
All 12 Bitcoin ETFs see outflows totaling $558M, Solana extends inflow streak to day nine
