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Major Outflows Hit U.S. Bitcoin Spot ETFs
All 12 U.S. Bitcoin spot ETFs experienced heavy outflows on November 7, totaling $558.44 million — one of the largest single-day withdrawals since these funds launched. After a $240.03 million inflow on November 6, the market swung sharply the following day, underscoring the volatility and sensitivity of ETF flows to short-term market sentiment.
Top ETFs Leading Withdrawals
Fidelity’s FBTC led the sell-off with $256.66 million in redemptions, followed by ARK’s ARKB at $144.24 million and BlackRock’s IBIT with $131.43 million in outflows. Grayscale’s GBTC and Bitwise’s BITB also saw modest reductions, with $15.44 million and $10.68 million leaving their respective funds. Meanwhile, eight ETFs — including VanEck’s HODL, Invesco’s BTCO, Valkyrie’s BRRR and others — reported no net flow activity on the day.
Context: AUM, Cumulative Flows and Trading Activity
Despite the large single-day outflow, the cumulative net inflow across all Bitcoin spot ETFs remains substantial at $59.97 billion. Total assets under management (AUM) for the Bitcoin ETF cohort stood at $138.08 billion as of November 7. Daily trading activity was elevated as well, with aggregate value traded across all Bitcoin ETFs reaching $5.04 billion on the day.
Solana ETFs Extend Winning Streak
Contrasting the Bitcoin ETF pullback, Solana spot ETFs continued to attract capital. On November 7 they recorded $12.69 million in inflows, marking the ninth consecutive day of net positive flows for Solana-focused funds. The streak began on October 28 and has seen daily inflows range from roughly $9.7 million to a peak single-day injection of $70.05 million on November 3.
Solana AUM and Cumulative Inflows
Solana ETFs now hold $575.93 million in total assets under management, with cumulative inflows across Solana products reaching $335.71 million. Trading volume also rose, with total value traded in Solana ETFs at $46.04 million on November 7, up from $27.95 million the prior day.
What Traders and Investors Should Watch
Large, concentrated moves in ETF flows can reflect short-term liquidity needs, portfolio rebalancing, or shifts in market sentiment. Investors tracking crypto ETFs should monitor daily net flows, AUM trends and trading volumes for signs of sustained demand or renewed volatility. BlackRock’s IBIT and Fidelity’s FBTC remain the largest holders by cumulative inflow, while Solana ETFs are emerging as a notable thematic product for investors seeking exposure beyond Bitcoin.
As the ETF landscape evolves, fund flows will continue to offer a timely indicator of institutional and retail appetite for crypto exposure. Keep an eye on daily flow reports, regulatory updates and macro drivers that may influence ETF liquidity and price action across the crypto market.
Source: crypto
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