Bitcoin and Ether ETFs Record Outflows of $201M and $184.6M on November 9

What happened

US spot Bitcoin ETFs recorded net outflows of about $201 million on Monday, 9 November, according to Farside data. BlackRock's IBIT accounted for most of it, with a net outflow of about $213.2 million. Spot Ether ETFs posted a net outflow of about $184.6 million, led by ETHA.

Prices and liquidations

Bitcoin traded near $75,000. Liquidations were roughly $61.4 million for Bitcoin and about $63.8 million for Ether, the most forced closures of the two.

Trader takeaway

Monday's outflows were the third straight day of Bitcoin ETF selling, per SoSoValue. Watch whether ETF flows turn positive before the next US inflation print.

Educational content, not investment advice.