Wall Street Rout Triggers $530M Crypto ETF Exodus

Bitcoin and Ether spot ETFs recorded $530 million in net outflows on November 5, as a stock market collapse wiped out nearly $3 trillion in market capitalization on Wall Street. These funds were supposed to bring crypto closer to traditional finance; they also accelerate the transmission of its panic periods. The twelve American Bitcoin ETFs suffered $430.23 million in net outflows in one session. Funds dedicated to Ether lost an additional $99.98 million. No Bitcoin ETF recorded positive inflows during the day. These outflows accompanied a general decline in risk assets. The Nasdaq lost 5.5%, its largest drop since April 2025, while the S&P 500 fell 4.4%. Bitcoin fell back below $76,000 and Ether towards $2,237. ETFs did not necessarily trigger the cryptocurrency decline.

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