US spot bitcoin ETFs post $416M net outflow year-to-date: Farside

The striking detail is not the $416 million net figure but the scale of gross flows on either side — roughly $25.6 billion in and $26.0 billion out — which points to heavy rotation rather than a one-way exit. That churn matters for how spot bitcoin ETF demand is read: cumulative totals can look flat while underlying positioning shifts substantially. The Nov. 5 single-day outflow of about $430 million, larger than the entire year-to-date net, shows how quickly a single session can swing the cumulative picture. Whether gross flows keep outpacing net direction is the open question.