Bitcoin and Ethereum ETFs Lose $672 Million in 48 Hours Amid Sell-Offs

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In accordance with Coinpedia, U.S. spot Bitcoin and Ethereum ETFs recorded significant outflows over two days, totaling $672.74 million. On October 30, Bitcoin ETFs saw $488.43 million in outflows, with BlackRock reporting the largest at $290.88 million. Ethereum ETFs recorded $184.31 million in outflows, with BlackRock also leading at $118 million. The total trading value for Bitcoin ETFs dropped to $5.17 billion, with net assets at $143.94 billion, representing 6.71% of the Bitcoin market cap. Ethereum ETFs' total net assets came in at $24.99 billion, or 5.51% of the Ethereum market cap. Bitcoin's price rose slightly by 0.57% to $109,750.27, while Ethereum fell by 0.93% to $3,867.97.

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