Bitcoin ETFs Witness First Net Inflows Since Outflows

U.S.-listed Bitcoin Exchange-Traded Funds (ETFs) experienced a significant reversal of outflows, recording a $1.15 million net inflow on November 10th, according to SoSoValue data. This marks a potential turning point for institutional investor sentiment after weeks of substantial withdrawals totaling $1.22 billion previously. The move suggests a shift in the market’s outlook, indicating that major players like BlackRock and Fidelity have begun shifting their investment strategies, potentially signaling a stabilization in prices.