Fidelity’s $236.72 million addition swung U.S. spot Bitcoin (BTC) ETFs back into positive territory on Nov. 4, offsetting a $201.24 million withdrawal from BlackRock’s IBIT, SoSoValue data showed.
SoSoValue’s tally showed a net inflow across the 12 funds for the session. Fidelity’s FBTC attracted $236.72 million, the largest product-level addition. ARK·21Shares’ ARKB added $19.90 million, Bitwise’s BITB gained $15.21 million and Invesco’s BTCO took in $3.98 million. BlackRock’s IBIT was the only fund with withdrawals, losing $201.24 million.
The group had shed $1.1574 billion over the three sessions through Nov. 3, based on Farside Investors’ figures detailed in EconoTimes’ report on the recent ETF outflows.
SoSoValue put the funds’ combined net assets at $102.26 billion, equal to about 6.35% of Bitcoin’s market capitalization. SoSoValue reported cumulative net inflows of $56.54 billion and trading volume of $3.59 billion. IBIT led trading at $2.72 billion, followed by FBTC at $399.76 million and Grayscale’s GBTC at $157.87 million.
