WuBlockchain
U.S. spot Bitcoin ETFs recorded $399 million in net outflows on November 2, while spot Ethereum ETFs lost $140 million, according to SoSoValue. Fidelity's FBTC led Bitcoin fund inflows with $6.68 million, and Morgan Stanley's Ethereum Trust, MSSE, led Ether fund inflows with $3.15 million.
Why it matters
The simultaneous withdrawals point to selling pressure across both major U.S. spot crypto ETF markets. The positive flows into FBTC and MSSE show that investors continued to add to some funds, but those inflows were small relative to the broader net outflows.
Morgan Stanley launched its Ethereum Trust in July 2026. Its leading inflow among Ethereum funds was a modest counterpoint to the sector's $140 million net outflow.
Market impact
Bitcoin ETF outflows exceeded Ether ETF outflows on the day. The figures provide a snapshot of institutional fund flows, not a measure of spot-market prices or future demand. Whether flows reverse in subsequent sessions will show if the withdrawals were a one-day move or part of a sustained pattern.
Frequently asked questions
-
How much did U.S. spot Bitcoin ETFs lose on November 2?
U.S. spot Bitcoin ETFs recorded $399 million in net outflows on November 2, according to SoSoValue.
-
How much did spot Ethereum ETFs lose?
Spot Ethereum ETFs saw $140 million in net outflows on November 2.
-
Which Bitcoin fund recorded the largest inflow?
Fidelity's FBTC led Bitcoin fund inflows with $6.68 million.
-
Which Ethereum fund led inflows, and how much did it attract?
Morgan Stanley's Ethereum Trust, MSSE, led Ethereum fund inflows with $3.15 million.
-
When did Morgan Stanley launch its Ethereum Trust?
Morgan Stanley launched its Ethereum Trust in July 2026.
CryptoSlate
Lookonchain
CoinDesk
Crypto Rank News
TheBlock
CoinTelegraph