Bitcoin and Ethereum ETFs saw major outflows, totaling $400.7M and $83.3M, respectively, on Nov. 14.

Bitcoin and Ethereum ETFs saw significant outflows on Nov. 14, with Bitcoin ETFs experiencing a $400.7 million outflow, except for BlackRock's iShares Bitcoin Trust ETF, which attracted $126.5 million. This follows a broader market pullback in cryptocurrencies post-election, with Bitcoin and Ethereum dropping 2.39% and nearly 5%, respectively. This outflow marks the third-highest since Bitcoin ETFs launched, with previous outflows foreshadowing price bottoms before surges.

November 15, 2024
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