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06/11/25 10:26 UTC-04

BTC Rebounds, But Bitcoin Funds Continue to See Outflows

Spot Bitcoin ETFs have now recorded net outflows for the sixth consecutive trading day. On Wednesday, November 5, investors withdrew nearly $137 million from these funds. Over the past week, total Bitcoin ETF outflows have surpassed $2.05 billion, further increasing pressure on the sector.

Trading activity on Wednesday was subdued: only half of the twelve ETF issuers registered any transactions. Among them, five funds managed to attract new capital. Fidelity’s FBTC saw $113 million in inflows, while ARKB (Ark & 21Shares) gained $83 million. Smaller inflows were also reported by Grayscale, Bitwise, and VanEck.

The wave of withdrawals began on October 29, coinciding with Bitcoin’s drop below $110,000. The leading cryptocurrency then slid as low as $99,000 before rebounding to around $103,000.

Although Bitcoin is slowly regaining ground, market participants remain cautious and reluctant to re-enter the market without clearer signals.

Analysts note that the $106,000 level — once a key support — has now turned into a resistance zone. In the current environment of uncertainty and weak demand, this barrier could hold, potentially driving BTC back below $100,000 if buying pressure fails to strengthen.

See also: "Zcash Price Surpasses $500"

#Bitcoin (BTC) #Bearish Trading

Editor: Yuliya Soroka
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09/06/26 09:51 UTC-04

Bitcoin Could Fall Even Further After Its Worst Week Since the FTX Collapse

Bitcoin’s fall below $60,000 last Friday capped its worst week since the collapse of Sam Bankman-Fried’s FTX exchange in 2022. The forces currently at work seem almost harmless compared with those events, but that is exactly what worries analysts, who warn that the token’s modest rebound may prove short-lived as structural weaknesses are exposed. Bloomberg writes about this.