PANews reported on November 10 that, according to SoSoValue data, Bitcoin spot ETFs saw a net outflow of $1.22 billion last week (November 3 to November 7, Eastern Time).
The Bitcoin spot ETF with the largest net inflow last week was the Grayscale Bitcoin Mini Trust ETF (BTC), with a weekly net inflow of $21.61 million. The total historical net inflow for BTC has now reached $1.97 billion. The second largest was the Bitwise ETF (BITB), with a weekly net inflow of $4.69 million. The total historical net inflow for BITB has now reached $2.32 billion.
The Bitcoin spot ETF with the largest net outflow last week was BlackRock ETF IBIT, with a weekly net outflow of $581 million. IBIT's historical total net inflow has reached $64.32 billion. The second largest was Fidelity ETF FBTC, with a weekly net outflow of $438 million. FBTC's historical total net inflow has reached $12 billion.
As of press time, the total net asset value of Bitcoin spot ETFs was $138.08 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.67%, and a historical cumulative net inflow of $59.97 billion.

Federal Reserve Governor Stephen Miran argued that stablecoins’ potential multi-trillion dollar growth over the next five years will help push down interest rates. A growing demand for US dollar-tied crypto stablecoins could help push down the interest rate, says US Federal Reserve Governor Stephen Miran.The Donald Trump-appointed Miran told the BCVC summit in New York on Friday that the dollar-pegged crypto tokens could be “putting downward pressure” on the neutral rate, or r-star, that doesn’t stimulate or impede the economy.If the neutral rate drops, then the central bank would also react by dropping its interest rate, he said.Read more

