Ethereum

Bitcoin

Spot

<p><strong>Key Points</strong>:</p>   
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 <li><em>Bitcoin Spot ETF outflows reached $541M, the second-highest single-day outflow.</em></li>   
 <li><em>Ethereum Spot ETF also saw major outflows, with $63M withdrawn on November 4.</em></li> 
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<h5 class="wp-block-heading">Bitcoin Spot ETF Outflows hit $541M on November 4, the second-highest single-day outflow in history. Ethereum spot ETF also saw significant outflows at $63M.</h5>   
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<h2 class="wp-block-heading" id="strong-bitcoin-spot-etf-outflows-reach-historic-levels-on-november-4-strong"><strong>Bitcoin Spot ETF Outflows Reach Historic Levels on November 4</strong></h2>   
<p>In all, Bitcoin spot ETFs saw a breathtaking net outflow of $541 million on November 4, the second-highest single-day outflow in the fund's history. That is just a close call behind the $563 million recorded earlier on May 2, 2023, further indicating that turbulence is still seen in the crypto exchange-traded fund markets. Ethereum spot ETFs also saw big outflows amounting to $63 million on the same day, thereby indicating a wider trend across digital asset ETFs whereby investors reassess risk.</p>   
<p>The recent Bitcoin Spot ETF outflows have shown possible changes in investor attitudes toward cryptocurrency-based exchange-traded funds. High net outflows may point to a shift in capital allocation or to a reaction against recent market uncertainties. Meanwhile, Ethereum's outflow further underlines caution from institutional investors. Analysts closely watch this trend, as it could be indicative of major short-term market adjustments within the crypto ETF space, according to <a href="https://sosovalue.com/assets/etf" target="_blank" rel="noreferrer noopener">Sosovalue</a>.</p>   
<p class="has-background" style="background-color:#222222"><strong>Read more: <a href="https://coincu.com/290156-bitcoin-spot-etf-outflows-hit-54-9m/" target="_blank" data-type="link" data-id="https://coincu.com/290156-bitcoin-spot-etf-outflows-hit-54-9m/" rel="noreferrer noopener">Bitcoin Spot ETF Outflows Hit $54.9M, First Decline in 7 Days</a></strong></p>   
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    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
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Bitcoin Spot ETF Outflows Reach Second Highest in History

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