ETF Flows: Bitcoin and Ethereum Experience Significant Net Outflows on Nov. 1

On November 1, approximately 780 BTC and 4,330 ETH were sold, leading to notable net outflows for cryptocurrency ETFs. Bitcoin ETFs recorded $54.9 million in net outflows, while Ethereum ETFs saw $10.9 million in outflows. This trend indicates shifting investor sentiment as market participants adjust their positions amid evolving market conditions. The outflows may signal a temporary retreat from these assets as investors reassess their strategies.

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