Bitcoin and Ethereum ETF Outflows Continue, BTC ETF Hits $370M and ETH ETF Hits $59.8M

The outflow streak for both Bitcoin(BTC) ETF and Ethereum(ETH) ETFs continues to persist, as BTC ETF hits $370M and ETH ETF hits $59.8M respectively.

Both Bitcoin (BTC) and Ethereum (ETH) ETFs encountered outflows on Monday, with BTC ETF outflows hitting $370M and ETH ETF outflows reaching $59.8M.

U.S. Ethereum spot ETFs saw a net outflow of $578 Million last week (Eastern Time, November 11 to November 15), with a net outflow of $63.11 Million. U.S. Bitcoin spot ETFs saw a net inflow of about $2.44 Billion, with a net outflow of $770.77 million.

Bitcoin ETF Flows on November 15According to sosovalue, the daily net outflow from the U.S. spot BTC ETF market was $370.10 million, bringing the total net inflow to date to $27.46 billion. Outflows on Monday included $175.11 million from Fidelity (FBTC), $108.58 million from Ark & 21Shares (ARKB), $47.04 Million from Grayscale(BTC) $22.54 Million from Grayscale(GBTC) and $7.44 million from Bitwise (BITB). Notably, none of the firms saw an inflow into BTC ETFs on Monday.

At press time, Bitcoin trades at $90,549.26, down 0.12% in the past day, though up $806 since morning reports.

Ethereum ETF Flows on November 15The daily net outflow from the U.S. spot Ethereum ETF market was $59.87 Million, bringing the total net inflow to date to $178.40 Million. Breaking down the outflows individually, the Grayscale Ethereum Trust ETF( ETHE) saw an outflow of $40.30 Million on Monday.

Fidelity (fETH) saw an outflow of $18.44 Million and VanEck(ETHV) saw an outflow of $1.12 Million. Once again, no inflows into ETH ETFs were recorded on Monday.

Meanwhile, ETH trades at $3,115.66, up 0.12% in the past day.

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