A post by @WuBlockchain on X.

U.S. spot Bitcoin ETFs recorded $430 million in net outflows on Nov. 5, with Fidelity's FBTC accounting for $200 million of the total, while spot Ether ETFs saw $99.97 million in net outflows over the same session. The dual withdrawals mark one of the sharper single-day reversals in recent weeks across both crypto ETF categories. The scale of the Bitcoin outflow signals that institutional holders were reducing exposure rather than rotating within the segment. Ether funds compounded the risk-off tone, suggesting the pullback spanned major crypto assets rather than being isolated to Bitcoin products. Traders will watch whether the outflows extend into a second session or prove a one-day de-risking event, with FBTC's flow trajectory and any stabilization in Ether ETF demand as the key tells.