US Bitcoin ETFs Record $541M Withdrawal Day Before Election

Nov 5, 2024  · Bitcoin ETFs saw $541.1M withdrawn on November 4, 2024 – second biggest daily outflow ever; Fidelity fund led withdrawals ($169.6M), only BlackRock’s IBIT showed positive flow ($38.4M) Outflows happened as Bitcoin price dropped below $70,000; Timing coincides with upcoming US presidential election


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US Bitcoin ETFs Record $541M Withdrawal Day Before Election

2 weeks from now

Nov 5, 2024  · Bitcoin ETFs saw $541.1M withdrawn on November 4, 2024 – second biggest daily outflow ever; Fidelity fund led withdrawals ($169.6M), only BlackRock’s IBIT showed positive flow ($38.4M) Outflows happened as Bitcoin price dropped below $70,000; Timing coincides with upcoming US presidential election

moneycheck.com

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US Election Uncertainty Drives $541M Outflow From Bitcoin ETFs

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Nov 5, 2024  · Exchange-traded products also observed negative flows. The 11 spot Bitcoin ETFs recorded a significant net outflow of $541.1 million, as per CoinGlass data. This represents the …

thebyteline.com

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US Bitcoin ETF Historic Outflow Hits $541M As Election

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Nov 5, 2024  · US Bitcoin ETFs faced a historic $541 million outflow Monday as traders pulled back ahead of the highly anticipated election, sparking volatility concerns. While Fidelity and …

econotimes.com

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US Bitcoin ETFs See $541M In Outflows Amid Election

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Nov 5, 2024  · Bitcoin exchange-traded funds (ETFs) in the United States witnessed substantial outflows ahead of a highly anticipated presidential election, marking their second-largest …

tradingview.com

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Bitcoin ETFs See Massive Outflows Ahead Of Election Day

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Nov 5, 2024  · Bitcoin ETFs face $541M outflows as Election Day nears, sparking volatility fears as Fidelity, Ark, and Bitwise lead the decline. ... Bitcoin has often seen significant gains in the year after US presidential elections, as observed after the 2012, 2016, and 2020 elections. Read also: Bitcoin ETFs See Record $870M Inflows as Trump’s Election ...

coinedition.com

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Dogecoin Rallies 10%, Bitcoin ETFs Bleed $541M Ahead Of U.S.

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Nov 5, 2024  · Dogecoin Rallies 10%, Bitcoin ETFs Bleed $541M Ahead of U.S. Elections BTC fell amid a transfer of $2.2 billion worth of the asset by defunct exchange Mt.Gox from its storage …

coindesk.com

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US Bitcoin ETFs Notch Second-largest Daily Outflow On Eve Of …

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It is the largest outflow day the ETFs have seen outside of May 1, when the ETFs registered $563.7 million in outflows after Bitcoin fell 10.7% over a week to $60,000.

msn.com

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Bitcoin ETFs See Record Outflows As Investors Brace For Election ...

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Nov 5, 2024  · Bitcoin spot ETFs saw a record $579.5 million in daily outflows on Monday. The outflows come as traders prep for volatility amid election uncertainty following the vote.

businessinsider.com

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US Bitcoin ETFs See $541M Withdrawal Ahead Of Election Day

2 weeks from now

Nov 5, 2024  · US Bitcoin ETFs saw $541.1M outflow on Nov 4, second-largest daily outflow in history; Only BlackRock’s IBIT showed positive inflow ($38.4M) Fidelity fund had largest …

blockonomi.com

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Bitcoin ETFs See $540 Million Outflow Amid Increased US Election ...

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Nov 5, 2024  · Major asset management firms reported significant outflows in Bitcoin ETFs following over $3 billion in inflows since Oct. 23. On Nov. 1, BlackRock’s IBIT showed no …

cryptoslate.com

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Bitcoin Languishes As US ETFs See Second-Highest Daily Outflow

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6 days ago  · Bitcoin fell as much 2.8% to $91,785 on Thursday, down sharply from a high of $102,733 on two days earlier and about 15% below its all-time record of $108,315 set in mid …

yahoo.com

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Bitcoin And Ethereum ETFs See Second Largest Day Of Outflows

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U.S. spot Bitcoin ETFs command $106.82 billion in BTC, or 5.74% of its market cap. Bitcoin has dropped under $95,000 – Ethereum briefly traded under $3,250 today. U.S. spot Ethereum …

msn.com

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US Bitcoin ETFs See Major Outflow Ahead Of Election

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Nov 5, 2024  · The US spot Bitcoin ETF market experienced a significant outflow on November 4th, with investors pulling out a combined $541.1 million. This represents the second-largest daily outflow in the history of these ETFs, highlighting a potential shift in market sentiment ahead of the upcoming election.

bitday.net

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Crypto ETFs: Top Bitcoin ETF Breaks Out Amid Trump's Strategic …

2 weeks from now

4 days ago  · Bitcoin ETF Outflows Gather Steam As Bitcoin Falls Near $90,000; Are Crypto ETFs A Sell Now? 1/10/2025 Crypto ETFs rallied as Bitcoin hit a $108,000 milestone in December …

investors.com

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Weekly ETF Flows: Five Out Of 11 Sectors Record Outflows

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1 day ago  · However, Bitcoin was down more than 2.4% last week. Last week’s inflows/outflows: The 11 S&P 500 sector tracking ETFs, together, recorded a net inflow of $1.31 billion last …

seekingalpha.com

FAQs about US Bitcoin ETFs Record $541M Withdrawal Day Before Election Coupon?

Which bitcoin ETFs have a net outflow?

The 11 spot Bitcoin (BTC) ETFs saw a net outflow of $541.1 million on Monday, Nov. 4, with BlackRock’s iShares Bitcoin Trust ETF (IBIT) the only one to secure inflows of $38.4 million, per Farside Investors. ...

Why did bitcoin spot ETFs see a record $579.5 million outflow?

It indicates an expandable section or menu, or sometimes previous / next navigation options. Bitcoin spot ETFs saw a record $579.5 million in daily outflows on Monday. The outflows come as traders prep for volatility amid election uncertainty following the vote. Harris and Trump were virtually tied in the polls as the November 5 vote kicked off. ...

How many outflows have ETFs seen outside of May 1?

It is the largest outflow day the ETFs have seen outside of May 1, when the ETFs registered $563.7 million in outflows after Bitcoin fell 10.7% over a week to $60,000. ...

Which bitcoin ETF has the most outflows?

The ARK 21Shares Bitcoin ETF (ARKB)also saw sizeable outflows, recording $148.3 million in exits. BlackRock’s iShares Bitcoin Trust (IBIT), the top-performing fund by cumulative inflows and total net assets, posted outflows totaling $124.05 million. ...

Are bitcoin exchange-traded funds in a second-biggest day of outflows?

U nited States-based Bitcoin exchange-traded funds (ETFs) have recorded their second-biggest day of outflows in history, just a day before the country heads into a tightly contested election. ...

How much did grayscale's bitcoin fund outflow?

Grayscale’s two Bitcoin funds jointly notched $153.2 million in outflows. The Grayscale Bitcoin Trust (GBTC), with only a handful of net inflow days this year, saw $63.7 million in outflows, while its mini GBTC recorded $89.5 million in outflows — respectively the fifth and third largest outflows for the day. ...

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