On November 4th, US spot Bitcoin ETFs underwent substantial outflows, totaling $541 million in a single day. This represents the second-largest daily withdrawal since the funds' inception, surpassed only by the $563 million outflow on May 1st.
Fidelity’s FBTC fund was notably affected, witnessing $170 million in withdrawals, marking its second-biggest single-day outflow. This large-scale withdrawal occurs in anticipation of Election Day, highlighting investor caution and market volatility around this critical political event.
Źródło: coinedition.com ↗