US spot Bitcoin ETFs recorded net outflows of $398.6 million on November 2, while spot Ether ETFs lost $140 million. BlackRock’s iShares Bitcoin Trust, under the IBIT ticker, accounted for $405.3 million in redemptions, leaving the other Bitcoin ETFs collectively slightly positive. Ether funds saw their sixth consecutive day of net outflows after recording their largest monthly withdrawal ever in October, at $1.61 billion. The outflows represented less than 0.5% of Bitcoin ETF assets, estimated at $98 billion to $100 billion, but more than 1% of the $13.2 billion held by Ether ETFs.
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