US spot bitcoin ETFs took in a net $74.6 million on Wednesday, 4 Nov, according to Farside data. CryptoWatchDesk’s last ETF Desk covered Tuesday’s $115.6 million outflow; the three prior outflow sessions had summed to $1,157.4 million.
The day was a split tape. Fidelity’s FBTC took in $236.7 million, with Bitwise’s BITB ($15.2 million), ARK 21Shares’ ARKB ($19.9 million) and Invesco’s BTCO ($4.0 million) also positive, while BlackRock’s IBIT lost $201.2 million. IBIT’s net inflow since launch is now $65.6 billion on Farside’s table.
Ether funds flipped to a net $53.0 million inflow, ending a seven-session outflow streak that began on 26 Oct. BlackRock’s ETHA led with $32.8 million; Grayscale’s ether Mini Trust and Fidelity’s FETH also took money in, while Bitwise’s ETHB redeemed $22.4 million. Solana funds reported no flow for a third straight session.
| Fund | Net flow, 4 Nov ($M) | 2–4 Nov, three sessions ($M) |
|---|---|---|
| IBIT (BlackRock) | −201.2 | −701.5 |
| FBTC (Fidelity) | +236.7 | +250.2 |
| BITB (Bitwise) | +15.2 | +37.1 |
| ARKB (ARK 21Shares) | +19.9 | +19.9 |
| BTCO (Invesco) | +4.0 | +4.0 |
| MSBT (Morgan Stanley) | 0.0 | +3.3 |
| BTC (Grayscale Mini) | 0.0 | −52.6 |
| Other bitcoin funds | 0.0 | 0.0 |
| Bitcoin ETFs total | +74.6 | −439.6 |
| ETHA (BlackRock) | +32.8 | −179.9 |
| ETHB (Bitwise) | −22.4 | −27.0 |
| FETH (Fidelity) | +19.2 | +19.2 |
| ETHE (Grayscale) | +9.7 | +9.7 |
| ETH (Grayscale Mini) | +13.6 | +2.7 |
| Other ether funds | +0.1 | +3.3 |
| Ether ETFs total | +53.0 | −172.0 |
| Solana ETFs total | 0.0 | 0.0 |
Source: Farside Investors, US-listed spot funds. “Other ether funds” on 4 Nov is TETH (+0.1); over three sessions it is MSSE (+3.2 on 2 Nov) and TETH (+0.1). Three-session bitcoin “Other” is zero across GBTC, EZBC, BRRR, HODL and BTCW.
Week to date, which is also November to date after three sessions, bitcoin funds stand at −$439.6 million. The mix flipped: five bitcoin funds took money in on Wednesday, against three on Tuesday, and FBTC’s $236.7 million inflow more than offset IBIT’s $201.2 million redemption.
Ether funds have now booked one inflow day after seven outflow sessions. The data show what was created and redeemed on the first full session after the US midterms, not why.
Flows record shares created and redeemed; they are not a forecast. Our morning note tracked bitcoin holding near $80,500 into Thursday, and for the mechanics see how in-kind ETF redemptions work.
Bitcoin was near $80,205 on Kraken at 10:52 UTC on Thursday.
Related: Bitcoin ETFs shed $430.2 million on 5 Nov, reversing Wednesday's inflow
This article is for information only and is not investment advice.