US spot bitcoin ETFs recorded a net $430.2 million outflow on Thursday, 5 Nov, according to Farside data. CryptoWatchDesk’s last ETF Desk covered Wednesday’s $74.6 million inflow; that single inflow day did not hold.
The redemptions were broad. Fidelity’s FBTC lost $199.9 million, BlackRock’s IBIT $105.0 million and Grayscale’s GBTC $49.9 million, with smaller outflows from Franklin’s EZBC ($32.9 million), VanEck’s HODL ($23.6 million) and ARK 21Shares’ ARKB ($18.9 million). No bitcoin fund on Farside’s table took money in on Thursday.
Ether funds posted a net $99.9 million outflow, ending the one-session inflow streak that began on Wednesday. BlackRock’s ETHA accounted for $75.2 million of the redemptions; Bitwise’s ETHB lost $22.0 million and Fidelity’s FETH $2.2 million. Solana funds reported a $0.8 million net outflow after three flat sessions.
| Fund | Net flow, 5 Nov ($M) | 2–5 Nov, four sessions ($M) |
|---|---|---|
| IBIT (BlackRock) | −105.0 | −806.5 |
| FBTC (Fidelity) | −199.9 | +50.3 |
| BITB (Bitwise) | 0.0 | +37.1 |
| ARKB (ARK 21Shares) | −18.9 | +1.0 |
| EZBC (Franklin) | −32.9 | −32.9 |
| HODL (VanEck) | −23.6 | −23.6 |
| GBTC (Grayscale) | −49.9 | −49.9 |
| BTCO (Invesco) | 0.0 | +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 | −430.2 | −869.8 |
| ETHA (BlackRock) | −75.2 | −255.1 |
| ETHB (Bitwise) | −22.0 | −49.0 |
| FETH (Fidelity) | −2.2 | +17.0 |
| ETHE (Grayscale) | −0.5 | +9.2 |
| Other ether funds | 0.0 | +5.9 |
| Ether ETFs total | −99.9 | −271.9 |
| Solana ETFs total | −0.8 | −0.8 |
Source: Farside Investors, US-listed spot funds. “Other ether funds” over four sessions is MSSE, TETH and Grayscale’s ether Mini Trust as reported on Farside’s ether table for 2–4 Nov, plus zeros on 5 Nov. Bitcoin “Other” on 5 Nov is zero across BRRR, BTCW and BTCO.
November to date, after four sessions, bitcoin funds stand at −$869.8 million. Wednesday’s $74.6 million inflow is more than wiped out. Ether funds are at about −$272 million over the same four days, with only 4 Nov in the green.
Flows record shares created and redeemed; they are not a forecast. Our morning note tracked Friday’s First Print near $75,600, and for the mechanics see how in-kind ETF redemptions work.
Bitcoin was near $75,631 on Kraken at about 04:52 UTC on Friday.
This article is for information only and is not investment advice.