📉 U.S. ETFs SEE NET OUTFLOWS OF OVER HALF A BILLION USD, BTC LEADS
💰 BTC and ETH lead net outflows
U.S. spot ETFs saw net outflows of $430.20 million from BTC and $99.97 million from ETH in the November 5 session. Fidelity’s FBTC alone saw $199.9 million in outflows, while BlackRock’s IBIT saw $105 million.
📊 Outflows spread across the market
SOL saw $1.18 million in outflows, ZEC $10.99 million, HYPE $3.02 million, AVAX $840,000, and NEAR $774,000, bringing total net outflows for the session to around $546.7 million. Only HBAR recorded net inflows, at $278,000, while XRP, LINK, BNB, TRX, DOGE, LTC, and DOT saw no net flows during the session.
🌤️ The widespread outflows point to growing caution following the previous session’s net inflows. The coming sessions will show whether this is just a short-term bout of profit-taking or whether ETF outflows will continue.
$ZEC $LINK $HYPE
💰 BTC and ETH lead net outflows
U.S. spot ETFs saw net outflows of $430.20 million from BTC and $99.97 million from ETH in the November 5 session. Fidelity’s FBTC alone saw $199.9 million in outflows, while BlackRock’s IBIT saw $105 million.
📊 Outflows spread across the market
SOL saw $1.18 million in outflows, ZEC $10.99 million, HYPE $3.02 million, AVAX $840,000, and NEAR $774,000, bringing total net outflows for the session to around $546.7 million. Only HBAR recorded net inflows, at $278,000, while XRP, LINK, BNB, TRX, DOGE, LTC, and DOT saw no net flows during the session.
🌤️ The widespread outflows point to growing caution following the previous session’s net inflows. The coming sessions will show whether this is just a short-term bout of profit-taking or whether ETF outflows will continue.
$ZEC $LINK $HYPE
