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Crypto ETFs lose $1.53B as Bitcoin withdrawals continue

Crypto ETFs lose $1.53B as Bitcoin withdrawals continue

US crypto ETFs tracking Bitcoin, Ethereum, Solana, Hyperliquid and Zcash recorded a combined $1.53 billion in net outflows during the trading week of Nov. 9–13, with Bitcoin funds accounting for most of the withdrawals.

Summary

  • Bitcoin ETFs lost $1.065 billion, while BlackRock’s IBIT recorded withdrawals on all five trading days.
  • Ethereum ETFs shed $398.9 million despite returning to a small net inflow on Friday.
  • Solana and Zcash funds lost $32 million and $30.8 million, respectively, during the week.
  • Hyperliquid ETFs posted $4.4 million in net outflows, down from $15.7 million the previous week.

According to Farside Investors, all five tracked fund groups…

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