U.S. Bitcoin and Ethereum ETFs Record $539M in Net Outflows on November 2
Coinomedia
Release Time: 11/03/2026, 07:25:53
Summary:
Ethereum news from November 2 reveals U.S. spot Bitcoin and Ethereum ETFs experienced combined net outflows of $539 million. Bitcoin ETFs lost $399 million, while Ethereum ETFs dropped $140 million. Despite this, Fidelity’s FBTC and Morgan Stanley’s MSSE attracted inflows of $6.68 million and $3.15 million, respectively.
Key Points:
- Net Outflows: U.S. spot Bitcoin ETFs recorded $399 million in net outflows, while spot Ethereum ETFs lost $140 million.
- Combined Withdrawals: This resulted in combined net withdrawals of $539 million.
- Fund Performance: Bitcoin funds accounted for 74% of withdrawals, while Ethereum products made up the remaining 26%.
- Positive Inflows: Some individual ETFs, including Fidelity’s FBTC and Morgan Stanley’s MSSE, attracted fresh capital.
Analysis:
The recent Bitcoin and Ethereum ETF outflows signal continued caution among investors in regulated cryptocurrency products. While individual fund flows vary due to portfolio adjustments and investor preferences, the overall withdrawal trend raises questions about institutional demand for Bitcoin and Ethereum.
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