Based on Coinomedia, Bitcoin and Ethereum ETFs experienced significant outflows on November 13, with Bitcoin ETFs losing 2,300 BTC ($235.22 million) and Ethereum ETFs losing 54,389 ETH ($187.1 million). Fidelity and BlackRock led the outflows, with Fidelity’s Bitcoin ETF withdrawing 1,308 BTC ($133.69 million) and BlackRock’s Ethereum ETF pulling 26,610 ETH ($91.54 million). The sell-offs reflect cautious market sentiment amid price volatility, macroeconomic uncertainty, and potential regulatory shifts. Despite the outflows, both firms still hold substantial crypto assets, indicating continued institutional interest in the long term.
Bitcoin and Ethereum ETFs Record Major Outflows of $235M and $187M on Nov 13
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