Lookonchain: Bitcoin ETFs see a single-day net outflow of approximately $614 million
Original headlineLookonchain：比特币 ETF 单日净流出约 6.14 亿美元
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Bitcoin ETFs posted roughly $614 million in single-day net outflows on November 2, with 7,919 BTC withdrawn, while Ethereum ETFs saw about $102 million in outflows totaling 44,837 ETH, according to Lookonchain data. Over the past seven days, the picture is similarly negative: Bitcoin ETFs recorded net outflows of 2,292 BTC worth approximately $178 million, and Ethereum ETFs saw 147,585 ETH exit, valued near $336 million. The simultaneous outflows from both spot ETF products signal broad-based institutional risk-off sentiment toward crypto assets. Watch whether the outflow streak extends into the coming sessions or reverses, as sustained redemptions could pressure spot prices and shift market positioning.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
Ethereum (ETH), Bitcoin (BTC), Lookonchain
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