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Bitcoin ETFs Lead $103.94 Million in Crypto Fund Outflows

Bitcoin accounted for the bulk of net withdrawals across the three spot ETF categories on Nov. 10.

Bitcoin ETFs Lead $103.94 Million in Crypto Fund Outflows
Bitcoin ETFs Lead $103.94 Million in Crypto Fund Outflows

Spot Bitcoin, Ethereum and XRP ETFs posted a combined $103.94 million in net outflows on Nov. 10. Bitcoin funds led with $95 million, followed by $7.62 million from XRP funds and $1.32 million from Ethereum funds.

Why it matters

The figures show net withdrawals across all three ETF categories on the same day, with Bitcoin accounting for more than 90% of the combined total. Net outflows mean withdrawals exceeded inflows over the period.

Market impact

The data captures ETF flows rather than changes in the prices of Bitcoin, Ethereum or XRP. The figures point to selling pressure within these funds, but do not establish the wider market's price response.

Related tokens
$BTC $ETH $XRP

Frequently asked questions

  1. How much did the three ETF categories lose in total?

    Spot Bitcoin, Ethereum and XRP ETFs recorded a combined $103.94 million in net outflows on Nov. 10.

  2. What share of the combined outflows came from Bitcoin ETFs?

    Bitcoin ETFs accounted for more than 90% of the combined total, with $95 million in net outflows.

  3. How did XRP and Ethereum ETF outflows compare?

    XRP ETFs recorded $7.62 million in net outflows, compared with $1.32 million for Ethereum ETFs.

  4. What do net ETF outflows mean?

    Net outflows mean withdrawals exceeded inflows over the period measured.

  5. Do the ETF flow figures show how token prices moved?

    No. The figures measure net ETF flows and do not establish the price response of Bitcoin, Ethereum or XRP.

Source attribution
Aggregated from CoinTelegraph · Verified · Last refreshed 20m ago
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