US spot Bitcoin exchange-traded funds recorded $201.0 million in net outflows on Monday, Nov. 9, while spot Ether ETFs saw $184.6 million exit the same day.
The combined $385.6 million withdrawal marks the third consecutive session of net outflows for both asset classes. Capital is rotating out of regulated investment vehicles at a pace that matters for price action.
Bitcoin trades at $74,315, down 0.7 percent over the past 24 hours. Ethereum sits at $2,096, reflecting a 1.2 percent drop. The outflows correspond directly to reduced buy pressure on the underlying spot assets—when fund managers execute redemptions, they must sell holdings to settle.
The Crypto Fear & Greed Index registers 32, signaling "Fear." Institutional hesitation is showing up in the flows. Three straight days of redemptions from the products that were supposed to unlock institutional capital is a reversal worth tracking.
