Bitcoin ETF Attracts $75M as Goldman Sachs Calls December Fed Rate Cut

Dextape brief

By Dextape Desk · November 5, 2026

Bitcoin exchange-traded funds took in roughly $74.6 million on November 4, ending three days of withdrawals that totaled $1.16 billion. Bitcoin climbed back above $81,000 after sliding to about $75,600 around the November 3 midterm vote, though analysts cautioned against crediting one cause. Fidelity's FBTC led the inflows, while BlackRock's IBIT lost $201.2 million, extending its four-session losing run to $935 million. Goldman Sachs now sees the Fed's next two cuts landing in December 2026 and March 2027, each a quarter later than previously planned, citing stubborn price growth and a hiring market that holds up. Economist David Mericle said inflation would likely need to cool further and hiring would need to soften before a cut could come this year.

Why it matters: Delayed Fed easing adds uncertainty to the outlook for Bitcoin, and mixed ETF flows show institutional demand has not returned evenly across funds.

Mentioned: Bitcoin, BlackRock, Fidelity

Summary by Dextape, based on reporting by Cryptonews. Written with AI from the publisher’s text and checked automatically for copied wording and unsupported figures. Not investment advice.