Bitcoin Spot ETFs See Significant Outflows

According to BlockBeats, on November 1, Farside Investors reported notable outflows from several Bitcoin spot ETFs. ARK's ARKB experienced a net outflow of $94.2 million, Fidelity's FBTC saw a net outflow of $75.2 million, Bitwise's BITB had a net outflow of $74 million, and Grayscale's GBTC recorded a net outflow of $31.1 million. In the absence of data from BlackRock's IBIT, the total net outflow from U.S. Bitcoin spot ETFs yesterday was approximately $272 million.