1 min read
Add as a preferred source on Google

U.S. Spot Bitcoin (BTC) and Ether (ETH) ETFs Shed $444.6 Million on Nov. 11

Bitcoin ETFs lost $299.8 million, while Ether funds lost $144.8 million. Bitcoin outflows rose from Nov. 10, while Ether outflows narrowed.

Mentioned assets
Gold and silver tokens spill from two dark fund trays / TokenPost.ai (mono)
Gold and silver tokens spill from two dark fund trays / TokenPost.ai (mono)

U.S. spot Bitcoin (BTC) and Ether (ETH) exchange-traded funds recorded $444.6 million in combined net outflows Wednesday, Nov. 11, as withdrawals from Bitcoin funds grew and Ether fund outflows narrowed.

Bitcoin ETFs lost $299.8 million, up from $201 million on Nov. 10. IBIT accounted for $269.7 million in outflows, while GBTC lost $39.1 million. MSBT posted a $9 million inflow; other Bitcoin funds had no net flows.

Ether ETFs saw $144.8 million in net outflows, down from $184.6 million the previous day. ETHA recorded $129.8 million in outflows, followed by ETHB at $5.3 million, ETHW at $4.8 million, FETH at $4.1 million and EZET at $800,000. Other Ether funds had 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.

Loading…