The U.S. spot Bitcoin ETF’s capital inflow only lasted for one day before it suffered another large-scale withdrawal!

According to the latest statistics from Farside Investors, November 5US Spot Bitcoin (BTC) ETF The net outflow in a single day was US$430.2 million,Ethereum (ETH) ETF A simultaneous loss of $99.9 million brought the two to a combined divestment of $530.1 million. Among them, Fidelity’s FBTC had a net outflow of approximately US$200 million in a single day, and market buying weakened again.

Bitcoin ETF stops bleeding in just one day! Fidelity went from attracting 237 million to withdrawing 200 million

According to data from Farside Investors, the U.S. spot Bitcoin ETF just launched on November 4Recorded net inflows of US$74.6 million, end beforeCumulative capital outflows for three consecutive trading days were approximately US$1.157 billion., but unexpectedly it turned into a net outflow again the next day.

On November 5, all BTC ETFs lost a total of $430.2 million. Among them, Fidelity FBTC had a net outflow of US$199.9 million, BlackRock IBIT had an outflow of US$105 million, Grayscale GBTC withdrew US$49.9 million, and Franklin Templeton’s EZBC also had an outflow of US$32.9 million.

Of most concern is Fidelity FBTC's sharp decline in funding. The fund only attracted US$236.7 million on November 4, but had an outflow of nearly US$200 million the next day. The net flow change in the two trading days reached US$436.6 million, highlighting the volatility of short-term institutional capital flows.

Ethereum ETF simultaneously lost nearly 100 million US dollars, BlackRock took the lead in divestment

Ethereum ETFs also failed to maintain the flow of funds seen in the previous session. According to Farside Investors Ethereum ETF statistics, the U.S. spot ETH ETF saw a net inflow of $53 million on November 4, ending the previous seven consecutive trading days of withdrawals, but it turned again to a net outflow of $99.9 million on November 5.

Among them, BlackRock's ETHA had a single-day outflow of US$75.2 million, and ETHB had a net outflow of US$22 million. The two funds withdrew a total of US$97.2 million, accounting for approximately 97% of the overall net outflow of the ETH ETF on that day. Fidelity FETH also saw $2.2 million in outflows, while Grayscale ETHE saw a net outflow of $0.5 million.

The total outflow of BTC and ETH funds in a single day was US$530.1 million, indicating that the previously briefly restored demand for funds has not yet been converted into sustained buying.

BTC fell below $76,000, ETH fell more than 8%, and the market rebound quickly ebbed.

The renewed weakness in ETF funding comes as crypto markets are also seeing a fresh decline.

According to CoinMarketCap’s latest query snapshot on November 6, Bitcoin was trading at around $75,637, down about 6.1% in 24 hours, falling back below the $80,000 mark. The decline of Ethereum was even more obvious. According to CoinMarketCap ETH market, ETH was quoted at about $2,228, a 24-hour drop of about 8.1%.

BTC had just rebounded from a range of about $75,000 to above $80,000 on November 4. Now it has quickly given back its gains, reflecting that market risk sentiment is still fragile.

The U.S. spot BTC ETF saw outflows of approximately $1.157 billion for three consecutive trading days from October 30 to November 3, even though it briefly turned to net inflows on November 4, followed by a withdrawal of $430.2 million on November 5. This means that the market has not seen a stable and sustained return of ETF funds, and there are still obvious differences in the direction of short-term funds.

Next, investors can watch whether Bitcoin can hold the recent price area of ​​about $75,000, and whether the flow of funds from major ETFs such as Fidelity and BlackRock continues to deteriorate. If spot buying fails to pick up, the short-term rebound may still face pressure. The Bitcoin ETF lost blood again just one day after it stopped bleeding. With BTC falling below $80,000, it shows that this round of market repair has not yet received sustained institutional financial support.

〈Bitcoin ETF stops bleeding in just one day! Fidelity withdrew $200 million, and BTC and ETH funds lost a total of $530 million〉This article was first published inBlock Guest》.