US spot bitcoin ETFs return to inflows as Fidelity leads with $237m
Investors added $74.57 million to bitcoin funds and $53.02 million to ether products on 4 November, reversing a period of sustained exits.
Key takeaways
- 1Bitcoin ETFs saw $74.57 million in net inflows on 4 November.
- 2Ether ETFs recorded $53.02 million in net inflows, ending a five-day exit streak.
- 3Fidelity’s FBTC led the bitcoin market with $237 million in new investment.
United States spot bitcoin exchange-traded funds recorded $74.57 million in total net inflows on 4 November. This shift ended a three-day streak of exits from the products. Spot ether ETFs also saw a reversal, drawing in $53.02 million after five consecutive trading days of net outflows.
Fidelity’s Wise Origin Bitcoin Fund, known by its ticker FBTC, led the demand with $237 million in new capital, according to Wu Blockchain. This offset outflows from other funds to bring the total to a positive figure. The return to growth for ether ETFs follows a period of heavy selling where investors withdrew $85.3 million on 3 November alone.
Exchange-traded funds allow institutional and retail investors to gain exposure to digital assets through traditional brokerage accounts. The recent volatility in flows comes as bitcoin trades at $80,411, a 3.9 percent rise in 24 hours, giving it a market value of $1.61tn. Earlier reporting by YourKhabri showed that spot bitcoin ETFs lost $203 million during the final week of October, while ether funds saw $432 million in weekly exits.
The sudden return to net inflows suggests a change in sentiment after a week of heavy selling. Traders will watch whether Fidelity can maintain its lead and if the ether products can build a sustained streak of positive data. The performance of these funds often dictates broader market momentum as they represent the primary gateway for Wall Street capital.
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Reported and edited by the YourKhabri desk under our editorial policy. Nothing here is investment advice.