TLDR
Latest available ETF flow data shows the largest outflows were at Fidelity Wise Origin Bitcoin Fund (FBTC) and VanEck Bitcoin Trust (HODL). Same?day totals for today are not yet published.
- FBTC outflow was about $21.35 million on 19 Nov (UTC) per a market update. report
- HODL outflow was about $17.63 million on 19 Nov (UTC). report
- For context this week, BlackRocks IBIT had a record single?day outflow of about $523 million on Tuesday. Reuters summary
Deep Dive
1. FBTC Outflow
Fidelity Wise Origin Bitcoin Fund (FBTC) posted the days largest outflow in the latest completed session, around $21.35 million on 19 Nov (UTC). The same update noted IBIT had inflows that day. See the market recap for those numbers. The Block
If you track flow?driven momentum, FBTCs net selling on that session flagged weaker demand relative to peers.
2. HODL Outflow
VanEck Bitcoin Trust (HODL) recorded the second?largest outflow in that session, about $17.63 million on 19 Nov (UTC), while most other funds were flat. This points to dispersion across issuers rather than a uniform sell day. The Block
Mixed flows suggest issuer?specific positioning and fee or liquidity preferences may be shaping redemptions more than a single market?wide factor.
3. This Weeks Context
Earlier this week, BlackRocks iShares Bitcoin Trust (IBIT) saw a record one?day outflow of roughly $523 million, the largest since launch, underscoring how volatile the flow picture has been during the recent drawdown. Reuters via Yahoo
Large single?day redemptions can pressure spot liquidity when creation/redemption baskets move, so monitoring issuer?level prints helps gauge near?term beta risk.
Conclusion
Todays exact flow leaders are typically reported after the session, but the latest completed day showed FBTC and HODL with the largest outflows, while IBIT actually had inflows. Given this weeks record IBIT redemption earlier, flows remain choppy, so watching the next print will clarify whether redemptions are broadening or normalizing.
CoinsKid.Com