Fidelity's FBTC supplied $236.7 million of the November 4 inflow while BlackRock's fund extended a four-session outflow streak to $935.2 million. The three disclosed inflows net of IBIT come to $70.6 million, about $4 million short of the group total.
US spot bitcoin exchange-traded funds recorded a net inflow of $74.6 million on Wednesday, November 4, ending three consecutive sessions of withdrawals that removed about $1.16 billion from the group. BlackRock's IBIT lost $201.2 million on the same day, and the reversal came from Fidelity's FBTC, which took in $236.7 million.
The disclosed rows do not quite add up to the group figure. Alongside FBTC, the Farside Investors series reported by crypto.news lists $19.9 million into ARK Invest's ARKB and $15.2 million into Bitwise's BITB. Those three inflows come to $271.8 million, and subtracting IBIT's $201.2 million leaves $70.6 million, about $4 million short of the $74.6 million total. The remaining products therefore contributed a small net inflow between them rather than nothing.
Two compilers give the same group number. SoSoValue also puts Wednesday's net flow at $74.6 million, as reported by Cointelegraph, which takes its per-fund rows from Farside. Both providers build their tables from the same fund disclosures, so agreement between them is expected and is not a second independent measurement of the flows.
What the session actually shows is one fund moving against the rest. IBIT's withdrawals on Wednesday extended an outflow streak to four sessions and $935.2 million on the Farside figures. The middle of that run came on November 2, when the group lost $398.6 million and IBIT alone shed $405.3 million. Taking that day out of the four-session total leaves $529.9 million across October 30, November 3 and November 4, which the published rows do not break down further.
The three losing sessions before Wednesday were $643.2 million on Friday, October 30, $398.6 million on Monday and $115.6 million on Tuesday, on the Farside series. The October 30 figure is one of the places where the two compilers diverge slightly: SoSoValue put that day at $643.3 million. Added together the three sessions come to $1.157 billion.
The year-to-date position is close to flat. Cointelegraph, citing SoSoValue, reports net outflows for 2026 narrowing to around $79 million after Wednesday's inflow. On that measure IBIT's four-session total is more than ten times the net amount the whole group has lost over ten months, which says more about inflows elsewhere in the group earlier in the year than about this week.
Spot ether funds turned at the same time, taking in $53 million on Wednesday and ending a seven-session run of outflows totaling $657 million, again on SoSoValue figures reported by Cointelegraph.
The flow data arrived alongside a sharp move in the underlying asset, and the two should not be read as one event: Wednesday's fund flows are settled daily figures, while the price moved through the session. Bitcoin fell to about $75,600 during the count in Tuesday's US midterm elections, then traded between $77,949 and $81,004 in the 24 hours to crypto.news's November 5 report, which was published at 07:19 UTC and put the price at about $80,300 at press time. About $378 million of short positions were liquidated within one hour during the rebound, on CoinGlass figures in the same report, which gave total liquidations of about $747 million over that hour.
The election that preceded the move has not settled the sector's legislative position. Democrats won control of the Senate, and the CLARITY Act, which would divide federal authority over digital assets, has still not moved.
One session does not establish a direction for the funds. The pattern of the two largest products pulling in opposite directions is not new either: in October they traded places on consecutive days, with BlackRock leading an outflow day and Fidelity the next one. What Wednesday adds is that the group's total turned positive while its largest fund was still redeeming.
