November 10 Commute Podcast — U.S. Bitcoin ETFs See $1.48 Billion in Net Outflows Over 6 Trading Days... Leverage Unwinding Amid Mixed Market Conditions

U.S. spot bitcoin ETFs recorded $1.48 billion in net outflows over six consecutive trading days, including $201 million on November 9 alone, marking a sustained institutional exit. Bitcoin traded up 0.45% at $74,598 and ether rose 0.21% to $2,116, a muted price reaction relative to the outflow size that suggests spot selling did not trigger an immediate sharp decline. Ripple gained 0.84%, BNB rose 1.18% and dogecoin added 1.85% as the broader market traded mixed while leverage was unwound. The streak matters because ETF flows have been a key pillar of spot demand, and their weakening shifts the market's focus from upside momentum toward testing downside resilience. Traders will watch whether outflows persist and whether bitcoin can hold current levels without fresh ETF inflows.