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Fidelity's FBTC inflow outweighs IBIT redemptions and snaps a bitcoin ETF outflow run

Published Source: CryptoPolitanRead original

Crypto Insight Summary: Fidelity's FBTC drew $236.72 million on Nov. 4 and offset IBIT's $201.24 million exit as US spot bitcoin ETFs ended a $1.16 billion outflow run. Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Spot Bitcoin ETF inflows reversed a multi-day exodus, improving near-term demand sentiment for BTC.

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Fidelity's FBTC inflow outweighs IBIT redemptions and snaps a bitcoin ETF outflow run — Crypto Insight