Bitcoin (BTC) and Ether ETFs Post About $505.2 Million in Outflows

Spot Bitcoin (BTC) and Ether (ETH) exchange-traded funds recorded about $505.2 million in combined net outflows Friday, Nov. 6, with Bitcoin products accounting for most of the withdrawals.

Bitcoin funds had $412 million in net outflows. Ether funds recorded $93.1887 million, bringing the combined amount to $505.1887 million, or about $505.2 million.

IBIT posted the largest outflow among Bitcoin funds, while ETHA led withdrawals among Ether funds.

Enna Lee

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to [email protected].