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ETH $2,235 
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XRP $1.19 
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SOL $89.93 
TRX $0.3181 
FIGR_HELOC $1.04 ETFs · News brief
Bitcoin and ether ETFs lose $530M as post-election rally fades
Spot bitcoin funds shed $430 million and ether funds about $100 million as bitcoin slipped below $76,000 and tech stocks sold off.
Key takeaways
- Combined outflows. Bitcoin ETFs lost about $430 million and ether ETFs about $100 million, per SoSoValue data cited by Cointelegraph and CoinGape.
- FBTC leads. Fidelity's Wise Origin Bitcoin Fund saw roughly $200 million leave, reversing about $237 million of inflows a day earlier.
- IBIT streak. BlackRock's iShares Bitcoin Trust lost another $105 million, with more than $1 billion exiting since Oct. 30.
What happened
US spot bitcoin and ether exchange-traded funds posted about $530 million in combined net outflows on Thursday, according to SoSoValue data cited by Cointelegraph and CoinGape. Bitcoin funds accounted for roughly $430 million of the total, while ether funds lost around $100 million.
The withdrawals came as bitcoin dropped below $76,000. The move reversed Wednesday's direction, when the same funds drew $128 million in combined inflows and bitcoin briefly traded above $80,000 after Democratic victories in the US midterm elections.
Fidelity's Wise Origin Bitcoin Fund (FBTC) led Thursday's redemptions with about $200 million in outflows, after taking in roughly $237 million the previous day, according to Farside Investors data. BlackRock's iShares Bitcoin Trust (IBIT) recorded another $105 million in net outflows, extending its withdrawal streak to five consecutive sessions and bringing its total outflows since Oct. 30 to more than $1 billion.
The crypto fund flows tracked a broader market decline. The tech-heavy Nasdaq Composite fell 5.5% on Thursday, its largest single-day drop since April 2025, Reuters reported. CoinGape said the Nasdaq 100 lost 6.4%, semiconductor shares fell 12% and Nvidia dropped 9%, while declines spread to Asian markets including South Korea's KOSPI, Taiwan's TAIEX and Japan's Nikkei 225.
First $83.3KLatest $76K-8.7% over the period
Points are daily observations, not closing prices.
