US spot Bitcoin ETFs see $278M net outflow, reversing prior day's inflow

U.S. spot Bitcoin ETFs experienced a total net outflow of $278 million on Nov. 12, reversing back to outflows just one day after a brief period of net inflows, according to data from Trader T. Fidelity's FBTC saw the largest outflow at $132.86 million, followed by Ark Invest's ARKB with $85.18 million. BlackRock's IBIT and Grayscale's GBTC also recorded net outflows of $36.91 million and $23.05 million, respectively. No spot Bitcoin ETFs reported net inflows for the day.