Spot Bitcoin ETFs Post $1.28 Billion in Weekly Net Outflows

Spot Bitcoin (BTC) exchange-traded funds recorded $1.28 billion in net outflows during the week of Nov. 2-6, with BlackRock's IBIT posting $1.21 billion in net outflows.

IBIT's weekly outflow was the largest among the funds, while its cumulative net inflows stood at $65.1 billion. Grayscale Bitcoin Trust (GBTC) recorded $61 million in weekly outflows; its cumulative net outflows totaled $28.11 billion.

Fidelity's FBTC led the week on inflows, adding $93.1 million. Its cumulative net inflows reached $10.27 billion. The fund-level moves left the broader group with a net outflow for the period.

The spot Bitcoin ETFs held $95.9 billion in net assets, with a net-asset ratio of 6.28% relative to Bitcoin's total market value. That ratio compares the ETFs' market value with Bitcoin's total market value. Across the funds, cumulative net inflows remained positive at $55.7 billion despite the weekly withdrawal. A net outflow means withdrawals exceeded new investments across the group during the measured period.