Bitcoin and Ethereum ETFs Experience Significant Outflows, BlackRock Takes Major Hit

Gate News bot message, according to market data from November 21, both Bitcoin and Ethereum ETFs recorded substantial outflows. Ten Bitcoin ETFs saw a combined net outflow of 7,341 BTC, equivalent to $626.29 million. BlackRock's Bitcoin ETF experienced the largest outflow of 4,108 BTC ($350.42 million), though it maintains a significant position with 779,425 BTC ($66.49 billion) under management.

Similarly, nine Ethereum ETFs registered a total net outflow of 84,435 ETH ($233.88 million). BlackRock's Ethereum ETF led the outflows with 43,237 ETH ($119.77 million) withdrawn, while still holding 3,604,966 ETH in total assets.