[Wu Blockchain News] Bitcoin Spot ETFs See $116M in Net Outflows, Marking 3 Consecutive Days of Outfl...
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
U.S. Bitcoin spot ETFs recorded $116 million in net outflows on November 3, extending the streak to three consecutive days of withdrawals, according to SoSoValue data. Ethereum spot ETFs fared worse, posting $85.35 million in net outflows and stretching their negative flow run to seven straight sessions. The persistent redemptions signal cooling institutional demand across both major crypto ETF complexes after earlier inflows. Traders will watch whether the multi-day outflow trend reverses in coming sessions or deepens alongside broader risk-asset sentiment.
Muhabbit's AI wrote this summary in its own words from Telegram's report. It can get details wrong, so check the source.
Named in this story
Bitcoin spot ETFs, Ethereum spot ETFs, SoSoValue