BlackRock Bitcoin, Ethereum ETFs post almost $1 billion in net outflows over November 9-13

AI Market Summary

BlackRock's spot Bitcoin and Ethereum ETFs saw roughly $979 million in combined net outflows over five sessions, with about $705 million leaving the Bitcoin trust and $274 million exiting Ethereum products. The scale signals weakening institutional demand and reinforces cautious crypto sentiment, likely weighing on short-term liquidity and risk appetite across major digital assets.

Impact level

● High

Affected assets

BTC/USDT-5.17%

AI Insight · BTC/USDTAI Insight

▼ Bearish

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BlackRock's spot Bitcoin trust recorded net outflows of about $705 million. Its Ethereum products shed a combined $274 million.

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