Spot Bitcoin ETFs recorded $1.16 billion in cumulative net outflows between October 30 and November 3, before slowing to $115.6 million on the final day. BlackRock was the largest contributor, with $734 million in withdrawals. Spot Ethereum ETFs experienced approximately $656.4 million in net outflows over seven consecutive sessions, a larger decline than Bitcoin ETFs. Flows across other cryptocurrency ETFs were mixed, while the Federal Reserve’s decision to keep rates between 3.75% and 4.00%, the U.S. midterm elections and the Binance security breach increased institutional caution.
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