Almost $1.5 billion was withdrawn from Bitcoin and Ethereum ETFs in a single week.
Bitcoin spot ETFs have experienced significant losses, with net withdrawals of over $2.3 billion over the past two weeks, coinciding with a price drop from $81,000 to $62,000.
Ethereum ETFs also faced a negative trend, with cumulative net inflows falling from $13.94 billion to $11.52 billion since the end of September, despite a slight increase in inflows on Friday.
Overall, both Bitcoin and Ethereum ETFs struggled, with only one day of positive net inflow in the first ten trading days of November.