Spot ETFs on $BTC lost about $1.28 billion during the week of November 2–6, including $411.9 million in a single day on Wednesday. After a strong jobs report, the likelihood of a Fed rate hike in December rose from around 67% to 77%, while crypto failed to join the stock market rebound. Regulatory uncertainty and miner selling are adding further pressure. As long as ETF outflows continue, a recovery without institutional support looks difficult. Not financial advice.
Will ETFs see inflows again, or will outflows continue? 👇
#ETFFlows