Total size of US Bitcoin spot ETF falls below 100000000000 USD, with weekly net outflow of 1281700000 USD
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AT A GLANCE
Total size of US spot Bitcoin ETFs falls to 99525000000 USD, dropping below 100000000000 USD.
Article
Total Size of US Spot Bitcoin ETFs Falls Below 100000000000 USD
BlockBeats News, November 9, according to Coinglass data, US spot Bitcoin ETFs saw a net outflow of 1281700000 USD last week. Among them, BlackRock's IBIT saw a net outflow of 1209000000 USD, while Fidelity's FBTC saw a net inflow of 93100000 USD.
As Bitcoin fell further, the total size of US spot Bitcoin ETFs dropped back below 100000000000 USD, and is currently reported at 99525000000 USD.
Original link: https://m.theblockbeats.info/flash/376334
Key points
01
BlockBeats said that, according to Coinglass data, U.S. spot Bitcoin ETFs saw a net outflow of 1281700000 USD last week.
02
BlackRock IBIT net outflow 1209000000 USD, Fidelity FBTC net inflow 93100000 USD.
03
The total size of U.S. spot Bitcoin ETFs has fallen back to 99525000000 USD.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
An ETF is a fund that tracks the price of an asset and can be traded on the market. The term "net outflow" here indicates that outflows exceeded inflows; reports show that US spot Bitcoin ETFs experienced overall capital outflows last week, with total assets falling below 100000000000 USD.
Why it matters to readers
This reflects the pressure on U.S. Bitcoin spot ETF funds during the period described in the report, but this information alone is insufficient to determine subsequent trends.
Beginners can first pay attention to the ETF's overall daily net inflow or net outflow, and whether total assets return above 100000000000 USD.
Risks and unknowns
The materials did not provide the specific price and decline of Bitcoin at that time.
The materials only explain last week's fund flows and do not explain subsequent daily changes.
The data comes from Coinglass as cited in the report, and no independent verification results are provided here.
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Related concepts
Spot ETF
Directly holds the underlying assets, with its fund units corresponding to the actual assets held in custody ETF。