๐ CRYPTO ETFs FACE MORE THAN $1.1 BILLION IN WEEKLY OUTFLOWS
U.S. spot crypto ETFs recorded more than $540 million in combined outflows on November 5, according to The Block.
Bitcoin and Ethereum funds both experienced withdrawals.
The report also put combined weekly outflows across major crypto ETFs above $1.1 billion.
ETF flows are an important indicator of institutional activity, but they don't tell the entire market story.
๐ Will institutional demand return?
#BitcoinETF #EthereumETF #InstitutionalInvestors #CryptoNews $BTC $ETH
U.S. spot crypto ETFs recorded more than $540 million in combined outflows on November 5, according to The Block.
Bitcoin and Ethereum funds both experienced withdrawals.
The report also put combined weekly outflows across major crypto ETFs above $1.1 billion.
ETF flows are an important indicator of institutional activity, but they don't tell the entire market story.
๐ Will institutional demand return?
#BitcoinETF #EthereumETF #InstitutionalInvestors #CryptoNews $BTC $ETH