Gate News bot message, recent data shows significant outflows from cryptocurrency ETFs on November 5. Bitcoin ETFs across 10 funds registered a net outflow of 5,057 BTC, equivalent to $519.48 million. Fidelity’s Bitcoin ETF witnessed the largest outflow of 3,552 BTC ($364.93 million), maintaining its current holdings at 201,225 BTC ($20.67 billion).
Meanwhile, Ethereum ETFs spanning 9 funds experienced a net outflow of 12,408 ETH, valued at $41.57 million. Fidelity’s Ethereum ETF recorded outflows of 6,237 ETH ($20.89 million), with total holdings standing at 738,962 ETH.
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