Ether ETFs: Another $99.9M Outflow; Demand Uneven
US spot $ETH ETFs saw $99.9 million in net outflows on November 5, reversing a $53 million inflow the day before, according to Farside data. #Update #ETFs $ETH
Spot ETFs
BlackRock Leads Friday’s $411.9M Bitcoin ETF Outflows
US spot $BTC ETFs saw $411.9M in net outflows November 6, with $403M leaving @BlackRock’s IBIT while @Fidelity’s FBTC gained $42.8M. #Update #Crypto $BTC
Ethereum Poised to Outperform Bitcoin
Ethereum’s outlook improves with potential to outperform Bitcoin, driven by rising institutional demand and stronger fundamentals. Standard Chartered forecasts $ETH at $7,500 this year. #Update #Crypto $ETH
Bitcoin Battles Key $30K Price Range
Bitcoin’s price battleground is between $110,000 and $115,000, with weak spot demand amid US-China trade tensions. Long-term holders offload while institutions buy. BTC at $107,307. #Update #Crypto $BTC