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Bitcoin and Ether ETFs Record $200.9 Million in U.S. Outflows

Bitcoin funds lost $115.6 million and Ether funds $85.3 million as withdrawals outweighed inflows to three Bitcoin products.

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Metal tokens roll from two clear trays onto a pale surface / TokenPost.ai (macro)
Metal tokens roll from two clear trays onto a pale surface / TokenPost.ai (macro)

U.S. spot Bitcoin (BTC) and Ether (ETH) exchange-traded funds recorded $200.9 million in combined net outflows Tuesday, Nov. 3, with withdrawals concentrated in two products from each group.

Bitcoin ETFs lost $115.6 million overall. IBIT had $95 million in outflows, and the product listed as BTC lost $52.6 million. Inflows of $21.9 million to BITB, $6.8 million to FBTC and $3.3 million to MSBT partly offset those withdrawals. ARKB, BTCO, EZBC, BRRR, HODL, BTCW and GBTC had no net flows.

Ether ETFs shed $85.3 million. ETHA had $74.4 million in outflows, while the product listed as ETH lost $10.9 million. ETHB, FETH, ETHW, TETH, ETHV, QETH, EZET, MSSE and ETHE recorded no net flows.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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