Bitcoin and Ethereum ETFs Experience Significant Outflows, BlackRock Takes Major Hit

BTC0,02%
ETH0,47%

Gate News bot message, according to market data from November 21, both Bitcoin and Ethereum ETFs recorded substantial outflows. Ten Bitcoin ETFs saw a combined net outflow of 7,341 BTC, equivalent to $626.29 million. BlackRock’s Bitcoin ETF experienced the largest outflow of 4,108 BTC ($350.42 million), though it maintains a significant position with 779,425 BTC ($66.49 billion) under management.

Similarly, nine Ethereum ETFs registered a total net outflow of 84,435 ETH ($233.88 million). BlackRock’s Ethereum ETF led the outflows with 43,237 ETH ($119.77 million) withdrawn, while still holding 3,604,966 ETH in total assets.

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