Bitcoin ETFs Experience $492 Million Outflow, Signaling Investor Caution

Recent data reveals significant outflows from Bitcoin and Ethereum-based exchange traded funds (ETFs), indicating a shift in investor sentiment. Bitcoin spot ETFs saw net outflows of $492 million on November 14th, marking the third consecutive day of withdrawals. Meanwhile, Ethereum spot ETFs experienced another four days of net outflows totaling $178 million, suggesting continued bearishness within the market. Despite this trend, Solana’s spot ETFs attracted $12.04 million in net inflows, highlighting investor interest in altcoins and a potential shift towards diversification outside of Bitcoin and Ethereum dominance.