US Bitcoin spot ETFs see $502.7M net outflow led by BlackRock

U.S. Bitcoin spot ETFs recorded a total net outflow of $502.73 million on Nov. 14, according to data from Trader T. The outflows were primarily driven by BlackRock's IBIT, which saw a net withdrawal of $473.72 million. Other funds experiencing outflows included Grayscale's GBTC with $25.09 million, WisdomTree's BTCW with $6.03 million, and Fidelity's FBTC with $2.06 million. In contrast, Grayscale's Mini BTC fund recorded a net inflow of $4.17 million.