Update
Bitcoin, Ether ETFs Post $530M Outflows
US spot Bitcoin and Ether exchange-traded funds (ETFs) experienced a combined $530 million in net outflows on Thursday. Bitcoin ETFs recorded $430 million in outflows, while Ether funds lost around $100 million. The outflows followed $128 million in combined inflows the previous day, when Bitcoin briefly climbed above $80,000 after Democrats' victories in the US midterm elections. Bitcoin fell below $76,000 and the tech-heavy Nasdaq Composite declined 5.5%, its biggest single-day drop since April 2025.