[Wu Blockchain News] Bitcoin Spot ETFs Record $95.00M in Net Outflows, Extending Outflow Streak to 4 Days
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U.S. spot Bitcoin ETFs recorded $95.00 million in net outflows on November 10, extending the negative streak to four consecutive sessions, according to SoSoValue data. Spot Ethereum ETFs also remained under redemption pressure, posting $1.32 million in net outflows and matching Bitcoin's four-day outflow run. The persistence of redemptions across both Bitcoin and Ethereum products signals that institutional demand via exchange-traded vehicles remains weak after the recent stretch of withdrawals. Investors will watch whether the multi-day outflow trend reverses in the coming sessions, with daily flows across the BTC and ETH ETF complexes serving as the key gauge of institutional appetite.
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