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

On Nov. 4, U.S. spot Bitcoin exchange-traded funds recorded $74.6 million in net inflows, ending three consecutive sessions of withdrawals that totaled $1.16 billion, as Bitcoin recovered above $81,000. Fidelity’s Wise Origin Bitcoin Fund drew about $236.7 million, while BlackRock’s iShares Bitcoin Trust had $201.2 million in outflows, extending a four-session losing streak to $935 million. Separately, Goldman Sachs pushed its expected Federal Reserve rate cuts back by one quarter, now projecting reductions in December 2026 and March 2027 because of persistent inflation and a resilient labor market. The bank kept its terminal rate range at 3% to 3.25%, while Bank of America moved its expected 2026 cuts to the third quarter of 2027.