According to SoSoValue, after five consecutive negative days, the US bitcoin ETF finally returned to positive territory, recording a net inflow of $75,5 million.
From November 13th to 18th at the market bitcoin ETF A significant liquidity outflow was observed, with daily sales ranging from $254 million to $870 million. Over these five days, nearly $2,3 million was withdrawn from funds due to a sharp drop in the Bitcoin price and a surge in market volatility.
The $75 million inflow recorded on November 19 was the first sign of stabilization and eased concerns about institutional investors leaving the market.
On spot bitcoin ETF BlackRock accounted for the bulk of the positive inflows. The IBIT fund attracted $60,61 million, while Mini received another $53,84 million. Bitcoin Grayscale’s Trust. The influx of funds into IBIT follows a record net outflow of $523 million on Tuesday, November 18, marking the largest daily outflow since its launch in January of last year.
Some spot Bitcoin- funds extended the outflow period: $21,35 million was withdrawn from Fidelity’s FBTC, and from HODL from VanEck — $17,63 million.