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Bitcoin ETFs take in about $75 million as Fidelity inflows beat BlackRock outflows

U.S. spot Bitcoin funds gained about $75 million in net money on November 4. Fidelity's fund led, while BlackRock's was the only one with withdrawals.

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Four Bitcoin exchange-traded funds drew in money on November 4. An ETF is a fund that trades on a stock exchange and holds an asset, in this case Bitcoin. Together the funds took in about $75 million.

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Fidelity's fund, known as FBTC, led the inflows. BlackRock's fund, known as IBIT, was the only one to see money leave that day.

In numbers

  • $75 millionBitcoin ETF net inflows

Bitcoin, the past month

$75,851down −11.57%

$85,771$75,8516 Oct5 Nov

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Goldman Sachs has called for a Federal Reserve interest rate cut in December. Separately, trader James Wynn has doubled down on his call for a Bitcoin crash, even after the fresh inflows.

The story in brief

People in this story

  • James Wynn, Trader with a Bitcoin crash call

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