📉Bitcoin and Ethereum: $1.65 billion in ETF outflows
Bitcoin has now printed five consecutive weekly declines. Last week’s ETF flows suggest the pressure is not coming from price action alone.
From November 2–6, US spot Bitcoin ETFs recorded approximately $1.28 billion in net outflows. Ethereum spot ETFs lost another $365.2 million over the same five sessions.
Combined, that is roughly $1.65 billion withdrawn from the two ETF groups in one week.
There is an interesting detail inside the Ethereum figure: BlackRock’s ETHA alone recorded around $345.9 million in net outflows. The withdrawals were heavily concentrated in one product, rather than evenly distributed across every fund.
Bitcoin fell approximately 4.5% over the week, while Ether dropped about 6.5%.
This does not prove institutions have abandoned crypto. ETF flows can reverse, and they do not reveal every investor’s positions outside those products.
But it does show that demand through these major investment vehicles has not been strong enough to absorb the selling.
The next test is US October CPI on Tuesday, November 10. Watch whether ETF flows stabilize after the release—not just whether prices bounce.
Not financial advice.
$BTC $ETH
#BitcoinFiveWeeklyLosses #EthereumSpotETFsPost$365MWeeklyOutflow #StrategyBitcoinHoldingsMoveIntoUnrealizedLoss #CPITestsDecemberRateOutlook
Bitcoin has now printed five consecutive weekly declines. Last week’s ETF flows suggest the pressure is not coming from price action alone.
From November 2–6, US spot Bitcoin ETFs recorded approximately $1.28 billion in net outflows. Ethereum spot ETFs lost another $365.2 million over the same five sessions.
Combined, that is roughly $1.65 billion withdrawn from the two ETF groups in one week.
There is an interesting detail inside the Ethereum figure: BlackRock’s ETHA alone recorded around $345.9 million in net outflows. The withdrawals were heavily concentrated in one product, rather than evenly distributed across every fund.
Bitcoin fell approximately 4.5% over the week, while Ether dropped about 6.5%.
This does not prove institutions have abandoned crypto. ETF flows can reverse, and they do not reveal every investor’s positions outside those products.
But it does show that demand through these major investment vehicles has not been strong enough to absorb the selling.
The next test is US October CPI on Tuesday, November 10. Watch whether ETF flows stabilize after the release—not just whether prices bounce.
Not financial advice.
$BTC $ETH
#BitcoinFiveWeeklyLosses #EthereumSpotETFsPost$365MWeeklyOutflow #StrategyBitcoinHoldingsMoveIntoUnrealizedLoss #CPITestsDecemberRateOutlook
