Bitcoin and Ethereum ETFs Show Persistent Outflows, Despite Recent Net Inflows

The Bitcoin ETF market recently experienced a $370 million net outflow, with a cumulative total net inflow of $27.46 billion as of November 15. The Ethereum ETF market saw a $59.87 million net outflow, with a cumulative net inflow of $178.40 million as of November 15. Neither of these markets saw any inflows during this time period.

Bitcoin is currently trading at $90,549.26 after a 0.12% decrease, while Ethereum is trading at $3,115.66 after a 0.12% increase. Fidelity (FBTC), Ark & 21Shares (ARKB), Grayscale (BTC), Grayscale (GBTC), and Bitwise (BITB) experienced outflows, but none of these firms saw any inflows into their BTC ETFs.

Meanwhile, Fidelity (fETH), and VanEck (ETHV) experienced outflows, but Grayscale Ethereum Trust ETF (ETHE) had a larger outflow of $40.30 million as of November 15.

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