Bitcoin and Ether ETFs Record $1.04B in Two-Day Net Outflows

U.S. spot Bitcoin (BTC) and Ether (ETH) exchange-traded funds recorded $1.0353 billion in combined net outflows across Nov. 5 and 6, following a $127.6 million net inflow session on Nov. 4.

Bitcoin ETFs had $430.2 million in net outflows on Nov. 5 and $411.9 million on Nov. 6, totaling $842.1 million. Ether ETFs recorded $99.9 million and $93.3 million in net outflows on those dates, respectively, for a two-session total of $193.2 million.

The Nov. 4 inflow followed three consecutive Bitcoin ETF outflow sessions on Oct. 30, Nov. 2 and Nov. 3, which totaled $1.1574 billion. From Oct. 26 to Nov. 3, Ether ETFs posted net withdrawals in seven straight sessions, totaling $656.4 million.

Fund-level Bitcoin flows diverged on Nov. 4: Fidelity’s FBTC recorded $236.7 million in net inflows, while BlackRock’s IBIT had $201.2 million in net outflows.