๐ Bitcoin ETFs lose $1.28B in a week
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US spot Bitcoin ETFs saw about $1.28B in net outflows in the week to Nov 6, per The Block. That's the biggest weekly outflow since late June and the second losing week in a row. Year-to-date flows flipped to about -$914M.
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๐ฆ Friday detail (Farside): -$411.9M net. BlackRock's IBIT alone lost $403M, while Fidelity's FBTC took in +$42.8M, so the selling was concentrated, not across every fund.
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๐ท Ether ETFs: -$365.3M, a sixth straight week of outflows.
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๐ Live at 04:22 Riyadh: BTC 75,792.00 (-0.14% 24h), ETH 2,234.74 (-0.36% 24h). Price is holding flat for now, but Monday's flows will show whether the selling cools off.
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Not financial advice. DYOR.
โ
$BTC $ETH
#Bitcoin #BitcoinETF #CryptoNews #BinanceSquare
โ
US spot Bitcoin ETFs saw about $1.28B in net outflows in the week to Nov 6, per The Block. That's the biggest weekly outflow since late June and the second losing week in a row. Year-to-date flows flipped to about -$914M.
โ
๐ฆ Friday detail (Farside): -$411.9M net. BlackRock's IBIT alone lost $403M, while Fidelity's FBTC took in +$42.8M, so the selling was concentrated, not across every fund.
โ
๐ท Ether ETFs: -$365.3M, a sixth straight week of outflows.
โ
๐ Live at 04:22 Riyadh: BTC 75,792.00 (-0.14% 24h), ETH 2,234.74 (-0.36% 24h). Price is holding flat for now, but Monday's flows will show whether the selling cools off.
โ
Not financial advice. DYOR.
โ
$BTC $ETH
#Bitcoin #BitcoinETF #CryptoNews #BinanceSquare
