US ETFS BLEED $545M, BTC LEADS THE OUTFLOWS
📉 BTC: US spot Bitcoin ETFs saw $430.2M in net outflows on Nov 5, per Farside, led by FBTC at $199.9M and IBIT at $105M.
📊 Big picture: ETH lost $100M, ZEC $11M, HYPE $3M, SOL $1.2M, for a combined $545.4M out of US crypto ETFs in a single session.
🔴 Context: The money left on the same day markets plunged, with the S&P 500 down 4.4%, the Nasdaq down 5.5%, and BTC falling from above $80,000 to $75,568.
💬 This was the heaviest outflow in the past 7 sessions, which have now drained $1.36B from Bitcoin ETFs. Institutions are de-risking, not dipping in yet.
$BTC $ETH $SOL
📉 BTC: US spot Bitcoin ETFs saw $430.2M in net outflows on Nov 5, per Farside, led by FBTC at $199.9M and IBIT at $105M.
📊 Big picture: ETH lost $100M, ZEC $11M, HYPE $3M, SOL $1.2M, for a combined $545.4M out of US crypto ETFs in a single session.
🔴 Context: The money left on the same day markets plunged, with the S&P 500 down 4.4%, the Nasdaq down 5.5%, and BTC falling from above $80,000 to $75,568.
💬 This was the heaviest outflow in the past 7 sessions, which have now drained $1.36B from Bitcoin ETFs. Institutions are de-risking, not dipping in yet.
$BTC $ETH $SOL
