Bitcoin ETFs Draw $75M Despite BlackRock Withdrawals

Fidelity FBTC led the charge with $236.7 million, offsetting outflows from BlackRock IBIT as spot Ether funds also returned to the green.

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U.S. spot Bitcoin ETFs recorded $74.57 million in net inflows on November 4, ending three straight trading sessions of withdrawals. Fidelity’s Wise Origin Bitcoin Fund (FBTC) led with about $236.7 million, according to Farside Investors. U.S. spot Ether ETFs also returned to net inflows on Wednesday.

Bitcoin ETFs Recover After Three Losing Sessions

The November 4 result followed three days of selling. Bitcoin funds lost $643.2 million on October 30, $398.6 million on November 2 and $115.6 million on November 3. The combined withdrawals reached about $1.16 billion.

A November 3 report on Bitcoin ETF withdrawals detailed the earlier selling. BlackRock’s iShares Bitcoin Trust (IBIT) lost $405.3 million on November 2, while Fidelity’s FBTC attracted $6.7 million. The latest inflow recovered only part of those losses.

BlackRock’s IBIT recorded another $201.2 million in withdrawals on November 4. Other funds added money. ARK Invest’s ARKB received $19.9 million, Bitwise’s BITB gained $15.2 million, and Invesco’s BTCO brought in $4 million.

Fidelity Leads While BlackRock Sees Withdrawals

The difference between Fidelity and BlackRock explains why the total inflow was smaller than FBTC’s gain. Daily ETF figures combine purchases and withdrawals across funds. They do not identify individual buyers or prove that institutions drove the activity.

In a separate development, ARK Invest bought shares in Coinbase, Circle and Robinhood on November 2. Its disclosed trades included 24,790 Coinbase (COIN) shares and 35,657 Circle (CRCL) shares. Those purchases involved company stocks rather than direct holdings in Bitcoin funds.

Ether Funds Return to Net Inflows

U.S. spot Ether ETFs received $53.02 million on November 4 after seven consecutive trading sessions of net withdrawals. BlackRock’s ETHA added $32.8 million, while Fidelity’s FETH gained $19.2 million, Farside data showed. Grayscale’s Ether Mini Trust added $13.6 million, while its ETHE fund received $9.7 million. BlackRock’s ETHB lost $22.4 million that session.

Other crypto investment products also drew attention. A recent report on XRP ETF holdings said U.S. spot XRP funds had received $1.81 billion in cumulative inflows. Their combined assets stood near $1.46 billion after November 3 trading.

The November 4 Bitcoin (BTC.X) and Ether inflows totaled about $127.6 million across both groups. The figures mark one day of positive flows after recent losses, not a confirmed change in longer-term investment patterns.

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