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Bitcoin ETFs suffer biggest exodus since June as Ethereum withdrawals hit nine-month high

By Oluwapelumi Adejumo at 2026-11-07 07:05

Sentiment: Negative

US spot Bitcoin and Ethereum exchange-traded funds saw their steepest withdrawals in months as the cryptocurrency market continued to decline. Data from SoSoValue shows that the 12 listed US Bitcoin ETFs lost $484.9 million on Oct. 7, their largest single-day outflow since June 25. BlackRock's iShares Bitcoin Trust (IBIT) led the withdrawals with $207.7 million, […] The post Bitcoin ETFs suffer biggest exodus since June as Ethereum withdrawals hit nine-month high appeared first on CryptoSlate. Continue reading...

Categories: Analysis

Tags: #Analysis #ETF #Featured #Market #Trading

Source CryptoSlate