#BTCETHETFOutflows1.6B

4.9M viewing|849 post

About BTCETHETFOutflows1.6B

Farside data shows US spot BTC and ETH ETFs saw net outflows of ~$1.282B and $365M during Nov 2-6, totaling $1.647B. BlackRock’s IBIT and ETHA accounted for ~$1.009B and $346M, respectively. Both ETF groups briefly returned to net inflows on Nov 4 before outflows resumed over the next two sessions. With stronger-than-expected US jobs data fueling rate hike bets, subsequent ETF flows will help gauge whether demand for BTC and ETH exposure can recover.

Related crypto
BTC
-1.99%
ETH
-3.89%