Bitcoin ETFs lose $430M as institutional flows turn negative again US-listed Bitcoin ETFs returned to heavy outflows on Thursday. Total net inflows as of Nov 5: -$430.2M Selling was broad across several large funds: Fidelity FBTC: -$199.9M.
BlackRock IBIT: -$105.0 million.
Grayscale GBTC: -$49.9 million.
Franklin EZBC: -$32.9 million.
VanEck HODL: -$23.6 million.
ARK 21 shares: -$18.9 million The turnaround came just one day after the ETF ended a three-session losing streak with $74.6 million in outflows. This recovery lasted exactly one trading session. Important: ETF flows increasingly reflect the same risk-on/risk-off behavior that we see in traditional markets. As trust improves, regulated capital quickly moves back to Bitcoin. When macro fear returns, redemptions come just as quickly. Thursday's outflow also came as BTC fell from above $80k towards $76k alongside a collapse in tech stocks. Institutional access to Bitcoin has never been stronger. But institutional conviction is still tested daily.