Summary

  • US spot-Bitcoin exchange-traded funds (ETFs) saw total net outflows of $1.04 billion over the past two trading days.
  • Cointelegraph said US spot-Bitcoin ETFs recorded net outflows of $1.04 billion over the past two trading days.
  • Market participants cited uncertainty surrounding the Binance hack and the US midterm elections as factors affecting investor sentiment.

Forecast Trend Report by Period

US spot-Bitcoin exchange-traded funds recorded total net outflows of $1.04 billion over the past two trading days.

Cointelegraph reported on Nov. 3 that aggregate flow data for US spot-Bitcoin ETFs showed $1.04 billion in net outflows over the latest two-session period.

The outflows came amid uncertainty surrounding the Binance hack and the US midterm elections.

Market participants cited security concerns stemming from the Binance hack and uncertainty tied to the midterm elections as factors weighing on investor sentiment.

JH Kim