U.S. spot Bitcoin ETFs recorded approximately $116 million in net outflows on November 3, marking their third consecutive session of withdrawals. Ethereum funds lost $85.3 million, extending their outflow streak to seven consecutive sessions, bringing total withdrawals across both categories to approximately $201 million. BlackRock accounted for most of the funds withdrawn, with $95 million from IBIT, $74.4 million from ETHA and $52.6 million from the Grayscale Bitcoin Mini Trust, while BITB attracted $21.9 million. Redemptions, however, do not necessarily mean immediate spot cryptocurrency sales, as in-kind creations and redemptions have been permitted since July 29, 2025.
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