$1.16B: Bitfinex Reports Major Outflows in Bitcoin ETFs

Bitcoin ETFs Record $1.16 Billion Outflows as Bitwise Calls Selling Short-Term

US spot Bitcoin exchange-traded funds (ETFs) recorded approximately $1.16 billion in net outflows over three trading sessions, raising concerns about investor sentiment. However, Bitwise believes the withdrawals reflect short-term market uncertainty rather than a broader decline in institutional interest. According to SoSoValue data, investors withdrew $643 million on Friday, $399 million on Monday and another […]

$1.16B: Bitfinex Reports Major Outflows in Bitcoin ETFs

Bitfinex reports $1.16 billion in ETF outflows, marking a significant market trend. This could signal a shift in institutional interest.

Bitfinex Says ETF Outflows Test Bitcoin at $77K

TL;DR Bitcoin recovered into the $77,000-$80,000 support band after testing its $75,839 short-term holder cost basis, but Bitfinex says the rebound remains leverage-driven. U.S. spot Bitcoin ETFs recorded $1.16 billion in net outflows from October 30 to November 2, while BlackRock’s IBIT lost $405.3 million. Bitfinex says a daily settlement below $75,839 would weaken the ...

INSTITUTIONAL | U.S. Bitcoin ETFs Shed Over $1 Billion in Just 3 Days After Binance Hack

U.S. spot Bitcoin ETFs recorded $1.16 billion in net outflows over 3 trading sessions, as weakening market sentiment prompted investors to reduce exposure to the cryptocurrency. The funds lost $643 million on Friday, $399 million on Monday, and $116 million on Tuesday, according to SoSoValue data. Bitwise Head of Research, André Dragosch, attributed the withdrawals to short-term risk aversion rather than a structural shift in institutional sent…