Bitcoin spot ETFs recorded $116M in net outflows on November 3, extending a 3-day outflow streak, while Ethereum spot ETFs saw $85.3M in outflows over 7 consecutive days.
Macro & Markets ·
U.S. Bitcoin spot ETFs recorded $116 million in net outflows on November 3, extending a streak of 3 consecutive days of outflows according to SoSoValue data. The same period saw Ethereum spot ETFs experience $85.3 million in outflows, marking the seventh consecutive day of redemptions in those products.
The back-to-back outflow days across both asset classes signal sustained investor withdrawals from these vehicles during the measured period. The divergence in streak length—Bitcoin at three days versus Ethereum at seven—suggests the pressures affecting each market may have differed in timing or intensity.
No information is currently available on whether these outflows have continued beyond November 3 or what specific market conditions or investor sentiment drove the redemptions during this window.