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Spot Bitcoin ETFs Record Second Largest Single-Day Net Outflow Ahead Of US Elections

  • Spot Bitcoin exchange-traded funds (ETFs) experienced their second-largest single-day net outflow since their launch.
  • Bitcoin ETFs had a negative day before the US elections, ending a seven-day positive streak.
  • Bitwise's BITB, AKR Invest's ARKB, and Grayscale's Mini Trust (BTC) had record outflow days on November 4.
  • Despite the election's impact on market volatility, experts believe Bitcoin ETFs will continue to thrive in the long term.

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