🚨 02/11 session: Bitcoin and Ethereum ETFs saw $538 million in net outflows in just one session
US session on November 2:
🔻 Bitcoin ETFs: -$399 million (BlackRock’s fund alone saw $405 million in outflows, its largest since June 26)
🔻 Ethereum ETFs: -$140 million, marking the sixth consecutive session of net outflows
Earlier, on October 30, Bitcoin ETFs saw $643 million in outflows, right after Binance was attacked, resulting in losses of around $6.3 billion. Over the past two sessions, outflows have topped $1 billion.
⚠️ Ethereum is more notable: October saw $1.61 billion in net outflows, the largest since ETFs launched.$BTC
Key takeaway: net outflows over the two sessions amounted to around 1% of total Bitcoin fund assets. This is not yet a mass exodus, but institutional inflows are clearly weakening.
👉 Do you think institutional money will return, or will it keep flowing out?
This content is for reference only and is not investment advice.
#Bitcoin #Ethereum #ETF #Fed #Crypto $BTC $ETH
US session on November 2:
🔻 Bitcoin ETFs: -$399 million (BlackRock’s fund alone saw $405 million in outflows, its largest since June 26)
🔻 Ethereum ETFs: -$140 million, marking the sixth consecutive session of net outflows
Earlier, on October 30, Bitcoin ETFs saw $643 million in outflows, right after Binance was attacked, resulting in losses of around $6.3 billion. Over the past two sessions, outflows have topped $1 billion.
⚠️ Ethereum is more notable: October saw $1.61 billion in net outflows, the largest since ETFs launched.$BTC
Key takeaway: net outflows over the two sessions amounted to around 1% of total Bitcoin fund assets. This is not yet a mass exodus, but institutional inflows are clearly weakening.
👉 Do you think institutional money will return, or will it keep flowing out?
This content is for reference only and is not investment advice.
#Bitcoin #Ethereum #ETF #Fed #Crypto $BTC $ETH
