Bitcoin and Ethereum ETFs Snap 6-Day Outflow Streak With $252M Rebound

After nearly a week of withdrawals, Bitcoin spot ETFs have swung back into positive territory, recording $252 million in net inflows and ending a six-day outflow streak, according to Farside Investors data.

The turnaround was led by the market’s two largest issuers – BlackRock and Fidelity – which saw a surge in investor interest. BlackRock’s IBIT ETF brought in $112 million, while Fidelity’s FBTC added $61.6 million in inflows. Analysts say the renewed buying activity signals strengthening long-term conviction among institutional investors, even as volatility remains high across the crypto market.

The total assets under management (AUM) for Bitcoin ETFs have now reached $135.4 billion, representing roughly 6.73% of Bitcoin’s total market cap. Experts believe that the combination of rebounding ETF inflows and rising expectations for a U.S. interest rate cut is helping to restore confidence across the digital asset sector.

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Ethereum ETFs Join the Recovery

Ethereum ETFs followed a similar trajectory, also snapping their six-day outflow trend. On November 6, Ethereum spot ETFs posted $12.5 million in net inflows, marking renewed appetite among investors.

Leading the charge were BlackRock’s ETHA ETF, with $8 million in inflows, and Fidelity’s FETH ETF, with $4.94 million. In contrast, Grayscale’s ETHE recorded outflows of $3.52 million, continuing to lag behind its newer competitors.

As of the latest update, Ethereum ETFs hold $21.75 billion in assets, accounting for 5.45% of ETH’s total market capitalization.
The synchronized rebound in both Bitcoin and Ethereum ETFs hints at a possible shift in institutional sentiment, as traders position for potential monetary easing and a broader crypto market recovery.