According to Cointelegraph, US spot Bitcoin and Ether ETFs recorded combined outflows of $530 million on Thursday. The development occurred as Bitcoin’s price fell below $76,000 and US stock markets declined.
The outflows reflect a reversal of earlier gains linked to recent political developments, including election-related momentum. No further details on timing of the gains or specific ETF performance were provided. The price movement and broader market trend are noted as contributing factors to the observed outflow.
No investor statements, fund-level figures, or additional market reactions beyond the price drop and stock decline were included in the source information. The report describes the outflows as occurring on Thursday in relation to the price and market conditions mentioned.
