US Bitcoin ETFs post $1.28 billion outflow in five days as Ether funds lose $365 million

US spot Bitcoin exchange-traded funds (ETFs) recorded significant net outflows of $1.28 billion between November 2 and November 6, while spot Ethereum funds registered $365.2 million in net withdrawals during the same period. Data compiled by Farside Investors indicated that combined outflows from both asset categories totaled approximately $1.65 billion, reflecting the continued volatility and shifting investor sentiment in crypto-linked investment products. BlackRock’s iShares Bitcoin Trust (IBIT) experienced a notable net withdrawal of $1.21 billion over five days, marking its largest weekly outflow to date. The fund faced its steepest redemptions on Monday and Friday, with investors pulling $405.3 million and $403 million respectively. Withdrawals occurred on every trading day in the period, illustrating persistent selling pressure.

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