ArkbLatest Mentions

Last week proved quite volatile in the Bitcoin (BTC) market as prices retested the psychological $100,000 price level following a sustained price correction that began in early October. Amid this price decline, the US Bitcoin Spot ETFs suffered a similar tumultuous fate, registering a net outflow of over $1 billion. Bitcoin ETFs See $1.28B In Net Withdrawals As Price Struggles Persist According to data from SoSovalue, capital outflows of 12 Bitcoin ETFs reached $558.4 million on Friday, taking total net outflows in the first week of November to $1.28 billion. This development indicates significant caution among institutional investors as Bitcoin strives to find price stability. The largest outflows of the week came from BlackRock’s IBIT, which suffered net withdrawals of $580.98 million. The investment fund now holds net assets of $82.28 billion, accounting for 3.97% of the total Bitcoin market cap. Fidelity’s FBTC also suffered the heavy brunt of investors’ fear as net outflows climbed to $438.30 million. However, with cumulative net inflows of $12 billion, FBTC still remains the second-best performing Bitcoin spot ETF. Other market players with significant performances include Ark Invest’s ARKB and Grayscale’s GBTC, which recorded net capital drain of $128.92 million and $64.33 million, respectively. Meanwhile, VanEck’s HODL, Valkyrie’s BRRR, and Franklin Templeton’s EZBC suffered negative cash flow losses ranging $8 million – $13 million. Interestingly, Bitwise’s BITB and Grayscale’s BTC produced the net inflows of the week valued at $4.69 million and $21.61 million, respectively. However, Invesco’s BTCO, WisdomTree’s BTCW, and Hashdex’s DEFI all recorded zero netflow, despite heavy market activity. At press time, the Bitcoin spot ETFs now report a net outflow of $1.22 billion for November. Nevertheless, the cumulative total net inflow for the 12 investment funds is valued at $59.97 billion, as aggregated net assets drop to $138.08 billion by 6.5% from last week in October. BTC Price Overview At press time, Bitcoin trades at $101,901 after a 0.98% decline in the past 24 hours. Meanwhile, daily trading volume is down by 42.62% and valued at $53.58 billion. Following the intense price correction of the last week, the premier cryptocurrency is now 18.93% away from its all-time high of $126,198. Coincodex analysts predict a market recovery in the next five days, tipping BTC to hit $129,442. However, they project some retracement after forcing the premier cryptocurrency to stabilize around $111,963 in a month.

Bitcoin-focused ETFs recorded their largest single-day outflow since August, pulling a combined $558 million from the market as prices hovered near $102,000. Data from SoSoValue shows the move pushed some big funds into the red for the day and sent fresh signals that traders are rebalancing after recent gains. Fidelity And Ark Lead Outflows Fidelity’s FBTC saw the biggest withdrawal at $256 million. Ark Invest And 21Shares’ ARKB followed with $144 million in redemptions, a record relative to that fund’s size. BlackRock’s IBIT also recorded $131 million of outflows, marking the seventh day of net withdrawals in eight trading sessions. At the same time, reports show JPMorgan boosted its stake in BlackRock’s ETF by 64%, bringing its holding to 5.28 million shares valued at $343 million as of September 30. The bank also held $68 million in call options and $133 million in put positions on the same date. Market Participants Trim Positions While Some Add Based on reports, the big daily outflow looks less like a crash and more like position shifting. Some managers appear to be taking profits. Others are quietly adding exposure, which helps explain why prices held roughly steady despite the redemptions. Traders watching ETF flows say the moves reflect growing macro uncertainty rather than a complete loss of faith in Bitcoin. Whale Selling And Long-Term Holders Cashing Out On-chain trackers show that long-dormant wallets are moving large amounts. Sales in the $100 million to $500 million range have been logged from addresses that had been still for years. K33 Research flagged that 319,000 BTC that had been held for six to 12 months moved into profit-taking. The firm also reported that “mega whales” sold roughly $45 billion worth of Bitcoin in the past month. Analysts describe this as a major, organized exit by early holders. Price Holds Inside Key Range As Moving Averages Cap Gains Bitcoin has been trading in a tight band. Reports place a demand block between $100K–$102K and a resistance cluster near $114K. The 100-day and 200-day moving averages are above current prices and acted as overhead resistance. A recent rejection around the 100-day MA near $110K led to a quick retest of the roughly $101K support, which some traders interpret as a liquidity sweep. Price Stabilization Could Signal Absorption What stands out for chart watchers is stabilization at a high-volume node where past corrections have found a base. There is an extended series of equal lows, marked on some charts as support levels, suggesting liquidity below $100K may have been cleared. Featured image from Unsplash, chart from TradingView

All 12 U.S. Bitcoin spot ETFs recorded outflows totaling $558.44 million on November 7. This was one of the largest single-day withdrawals since the funds launched. Fidelity’s FBTC led the outflow with $256.66 million in outflows, followed by ARKB at…

ChainCatcher 消息，据 Trader T 监测，昨日比特币现货 ETF 净流出 5.5419 亿美元，主要流出来自富达 FBTC（-2.5666 亿美元）、Ark Invest ARKB（-1.4424 亿美元）和贝莱德 IBIT（-1.2717 亿美元）。Bitwise BITB 流出 1068 万美元，灰度 GBTC 流出 1544 万美元。其他 ETF 产品包括 Invesco BTCO、Franklin EZBC、Valkyrie BRRR、VanEck HODL、WisdomTree BTCW 及 Grayscale Mini BTC 当日资金流动均为零。