Spot Crypto ETFs Lose $30M to End the Week, While Bitcoin Holds Near $75,000

Spot crypto exchange‑traded funds ended the week with modest net outflows, underscoring a cautious tone among digital‑asset investors. According to data compiled by flow‑monitoring service InflowScan, funds holding spot Bitcoin, Ether and other major coins saw a combined $30.5 million in net redemptions in the settled session for Friday, November 6. Analysts described it as a “muted finish” rather than a capitulation event.

Under the surface, flows were mixed. Fidelity’s flagship Bitcoin ETF attracted fresh money, but most rival Bitcoin funds posted outflows, leaving the overall cohort in negative territory. Despite that, Bitcoin’s spot price was little changed, hovering just below $75,900, suggesting that secondary‑market trading and direct spot buying are largely absorbing ETF‑related selling for now.

The latest daily data line up with a broader weekly pattern of net withdrawals from both Bitcoin and Ether ETFs, as leveraged and short‑term traders trim risk after a powerful rally earlier in the autumn. Even so, cumulative flows since launch remain solidly positive, which many strategists interpret as evidence that long‑only and institutional demand is still in place despite the current cooling‑off phase.

Market participants say ETF flows are increasingly tied to macro drivers such as expectations for U.S. interest‑rate cuts, equity‑market volatility and swings in the dollar. That means crypto‑linked funds could remain choppy into year‑end, even if headline prices such as Bitcoin’s appear relatively stable day to day.