U.S. spot Bitcoin ETFs posted $95.0012 million in net outflows on November 10, Eastern Time, marking a fourth consecutive day of withdrawals, according to SoSoValue.
Spot Ethereum ETFs recorded $1.3168 million in net outflows on the same day, also extending their streak to four days.
Why it matters
The simultaneous streaks show sustained net withdrawals from funds offering exposure to the two largest cryptocurrencies. Bitcoin ETFs accounted for substantially more of the reported outflows than Ethereum funds.
Market impact
ETF flows offer one measure of investor demand for crypto exposure through listed funds. The figures describe fund flows, not direct changes in Bitcoin or Ether prices.
Frequently asked questions
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How much left U.S. spot Bitcoin ETFs on November 10?
U.S. spot Bitcoin ETFs recorded $95.0012 million in net outflows on November 10, Eastern Time, according to SoSoValue.
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How large were Ethereum ETF outflows on November 10?
Spot Ethereum ETFs recorded $1.3168 million in net outflows on November 10.
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How long had the ETF outflow streaks lasted?
Both Bitcoin and Ethereum spot ETFs had recorded net outflows for four consecutive days.
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Which funds accounted for most of the reported outflows?
Bitcoin ETFs accounted for substantially more of the reported outflows than Ethereum ETFs.
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Do ETF outflows show how much Bitcoin or Ether prices fell?
No. The figures measure net flows into or out of the funds, not direct changes in Bitcoin or Ether prices.
WuBlockchain