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🩸BEARISH

Bitcoin and Ethereum ETFs Lose $716M in One Day

Both funds also recorded net outflows over seven days, with Ethereum ETF withdrawals exceeding Bitcoin's in dollar terms.

Bitcoin ETFs recorded $614.26 million in net outflows on Nov. 2, while Ethereum ETFs lost $102.12 million. The daily withdrawals totaled $716.38 million across the two groups.

Why it matters

Both categories also posted net outflows over seven days. Bitcoin ETFs were down $177.81 million for the period, while Ethereum ETFs lost $336.15 million, showing a larger weekly outflow in dollar terms from Ethereum funds.

Market impact

The figures track ETF flows, not direct spot-market trades or a confirmed cause for the withdrawals. Investors will be watching whether net outflows continue across both Bitcoin and Ethereum products.

Related tokens
$BTC $ETH

Frequently asked questions

  1. How much did Bitcoin ETFs lose on Nov. 2?

    Bitcoin ETFs recorded $614.26 million in net outflows on Nov. 2.

  2. How much did Ethereum ETFs lose on Nov. 2?

    Ethereum ETFs recorded $102.12 million in net outflows on Nov. 2.

  3. What were the combined daily outflows from Bitcoin and Ethereum ETFs?

    Combined net outflows totaled $716.38 million on Nov. 2.

  4. Which ETF group had larger seven-day outflows in dollar terms?

    Ethereum ETFs recorded $336.15 million in seven-day net outflows, compared with $177.81 million for Bitcoin ETFs.

  5. Do ETF outflow figures confirm equivalent spot-market selling?

    No. The figures report net ETF flows and do not establish the cause of withdrawals or confirm equivalent spot-market selling.

Source attribution
Aggregated from Lookonchain · Verified · Last refreshed 58m ago
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