Outflows from U.S. spot Bitcoin (BTC) exchange-traded funds slowed on Nov. 9, more than offsetting heavier withdrawals from Ether (ETH) funds and bringing the combined net outflow to $385.6 million.
Farside Investors recorded a $201 million net outflow from Bitcoin funds and $184.6 million from Ether funds. The combined figure fell from $505.2 million on Nov. 6, when Bitcoin funds shed $411.9 million and Ether funds shed $93.3 million.
BlackRock’s ETHA had the largest Ether fund withdrawal at $119.3 million. The Grayscale Ethereum Staking Mini ETF (ticker: ETH) recorded a $25 million outflow. ETHB and FETH shed $20.8 million and $19.1 million, respectively, while TETH lost $2 million. MSSE registered a $1.6 million inflow.
In the Bitcoin group, $213.2 million left BlackRock’s IBIT and $9.9 million left ARKB. A $22.1 million inflow to MSBT partly offset those withdrawals.
