Cryptocurrency

Bitcoin, ETH Etfs See $1.7b Outflow But Whale Buying Softens The...

2025-11-10 0 views admin

Despite $1.7 billion in spot Bitcoin and Ether ETF outflows, whale accumulation and altcoin inflows continue to stabilize sentiment across the broader crypto market.

Spot Bitcoin and Ethereum exchange-traded funds (ETFs) recorded a combined $1.7 billion in weekly outflows.

Solana and a select few altcoins continued to attract steady inflows despite market weakness.

Onchain data shows that large whales are accumulating BTC, which has kept BTC prices above the $100,000 level.

Spot Bitcoin (BTC) and Ether (ETH) exchange-traded funds (ETFs) faced another week of heavy redemptions, extending a trend of investor caution. From Nov. 3 to Nov. 7, spot Bitcoin ETFs saw $1.22 billion in net outflows, the third-largest weekly total on record, while spot Ether ETFs posted $508 million in outflows, for a combined $1.72 billion.

According to CryptoQuant CEO Ki Young Ju, BlackRock’s IBIT alone accounted for $570 million of the Bitcoin outflows, its largest in nine months, as investors repositioned amid year-end profit-taking and tax considerations.

In contrast, spot Solana ETFs attracted $137 million in inflows during the same period, led by Bitwise’s BSOL ETF with $127 million, highlighting a selective shift toward high-performing altcoin exposure.

Broader fund data from CoinShares Research reflected similar patterns. Digital asset investment products saw a second consecutive week of outflows totaling $1.17 billion, dominated by Bitcoin ($932 million) and Ether ($438 million).

The United States led redemptions with $1.22 billion, while Germany ($41.3 million) and Switzerland ($49.7 million) continued to record inflows, emphasizing the regional divergence between US and Euro-zone sentiment.

Likewise, altcoins provided a counterweight to the negative tone. Solana (SOL) recorded $118 million in inflows last week, extending its nine-week streak to $2.1 billion, while HBAR ($26.8 million) and Hyperliquid ($4.2 million) also saw renewed investor interest.

Source: CoinTelegraph