in the USA spot Bitcoin 
$90,606 ETFOn November 14, the last trading day, it ended the 6-day positive trend and saw a net outflow of 400.67 million dollars. This was a sign that the recent intense interest of investors has reversed. Spot Ethereum 
$3,204 ETFs also attracted attention with a net outflow of $3.2 million.
Big Outflows Seen in Bitcoin ETFs
Approximately 4,450 BTC were sold in US-based spot Bitcoin ETFs yesterday. Outputs especially BlackRock, Fidelity, ARK Invest, Bitwise And Grayscale concentrated in its funds.
BlackRock’s spotlight Bitcoin Its ETF received inflows of $126 million, while Fidelity saw net outflows of $179 million, ARK Invest $161 million, Bitwise $113 million and Grayscale $70 million. The outflows show that investors are cautious about possible volatility in the Bitcoin market.
Spot Ethereum ETFs Recession
Spot Ethereum ETFThere was a total net outflow of 324 thousand dollars. On this side, a negative picture was drawn for the first time after continuous entries in the last six days. However, inflows into the funds of giants such as BlackRock and Invesco show that the market is not in a completely negative mood. However, especially the high outflows in Grayscale’s ETFs reveal that investors are cautious in spot Ethereum ETFs.
The total net asset value of Spot Ethereum ETFs stands at $9.27 billion. The ratio of these ETFs to the total market value of Ethereum is 2.48 percent. Total net inflows reached 238 million dollars. Investors remain interested in these products in the long term despite Ethereum’s volatility.
Outflows in both Bitcoin and Ethereum ETFs in the current chart cryptocurrency marketIt shows that uncertainties are effective in However, inflows into the funds of major players indicate that investor confidence has not been completely lost.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
