Digital Currency / Investing

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U.S. Spot Bitcoin and Ether ETFs Record $530.1 Million in Outflows

Bitcoin funds accounted for $430.2 million of the total and Ether funds for $99.9 million; both outflows exceeded their Nov. 3 levels.

Updated 1 min read
Commuters cross Broad Street beside the New York Stock Exchange in Lower Manhattan, New York. / EconoTimes.ai
Commuters cross Broad Street beside the New York Stock Exchange in Lower Manhattan, New York. / EconoTimes.ai

U.S. spot funds tied to Bitcoin (BTC) and Ether (ETH) lost a combined $530.1 million on Nov. 5, as withdrawals from both groups exceeded their Nov. 3 totals.

Bitcoin funds accounted for $430.2 million of the outflow, while Ether funds recorded $99.9 million. On Nov. 3, the respective figures were $115.6 million and $85.3 million.

For each group, net flow is the day's inflows minus withdrawals.

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