Bitcoin Spot ETF Sees $400.7 Million Net Outflow Amid Market Shifts

In a notable development for the cryptocurrency market, COINOTAG News reported on November 15 that Farside Investors identified a significant net outflow of $400.7 million from the US Bitcoin spot ETF. This outflow is indicative of shifting investor sentiment as various funds exhibited varying performance. Specifically, IBIT led with a net inflow of $126.5 million, while FBTC recorded a substantial outflow of $179.2 million. Other notable figures included BITB at – $113.9 million and ARKB, which saw an outflow of $161.7 million. Meanwhile, BTCO, EZBC, HODL, and BTCW remained stable with no significant changes in net flow. Interestingly, GBTC faced a decline of $69.6 million. Collectively, these metrics provide insight into market dynamics and investor behavior in the realm of Bitcoin ETFs.