Bitcoin, ETH ETFs see $1.7B outflow but whale buying softens the price impact

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Key takeaways:

  • Spot Bitcoin and Ethereum exchange-traded funds (ETFs) recorded a combined $1.7 cardinal successful play outflows.

  • Solana and a prime fewer altcoins continued to pull dependable inflows contempt marketplace weakness.

  • Onchain information shows that ample whales are accumulating BTC, which has kept BTC prices supra the $100,000 level. 

Spot Bitcoin (BTC) and Ether (ETH) exchange-traded funds (ETFs) faced different week of dense redemptions, extending a inclination of capitalist caution. From Nov. 3 to Nov. 7, spot Bitcoin ETFs saw $1.22 cardinal successful nett outflows, the third-largest play full connected record, portion spot Ether ETFs posted $508 cardinal successful outflows, for a combined $1.72 billion.

According to CryptoQuant CEO Ki Young Ju, BlackRock’s IBIT unsocial accounted for $570 cardinal of the Bitcoin outflows, its largest successful 9 months, arsenic investors repositioned amid year-end profit-taking and taxation considerations.

In contrast, spot Solana ETFs attracted $137 cardinal successful inflows during the aforesaid period, led by Bitwise’s BSOL ETF with $127 million, highlighting a selective displacement toward high-performing altcoin exposure.

Cryptocurrencies, Bitcoin Price, Investments, Markets, Cryptocurrency Exchange, Price Analysis, Market Analysis, Altcoin Watch, Ether Price, Solana, Whale, Ethereum ETF, Bitcoin ETF, ETFSpot Bitcoin ETF Weekly netflows. Source: Ki-Young Ju/X

Broader money information from CoinShares Research reflected akin patterns. Digital plus concern products saw a 2nd consecutive week of outflows totaling $1.17 billion, dominated by Bitcoin ($932 million) and Ether ($438 million).

The United States led redemptions with $1.22 billion, portion Germany ($41.3 million) and Switzerland ($49.7 million) continued to grounds inflows, emphasizing the determination divergence betwixt US and Euro-zone sentiment.

Cryptocurrencies, Bitcoin Price, Investments, Markets, Cryptocurrency Exchange, Price Analysis, Market Analysis, Altcoin Watch, Ether Price, Solana, Whale, Ethereum ETF, Bitcoin ETF, ETFDigital plus merchandise netflows by Countries. Source: CoinShares

Likewise, altcoins provided a counterweight to the antagonistic tone. Solana (SOL) recorded $118 cardinal successful inflows past week, extending its nine-week streak to $2.1 billion, portion HBAR ($26.8 million) and Hyperliquid ($4.2 million) besides saw renewed capitalist interest.

Related: Bitcoin terms eyes $112K liquidity drawback arsenic US authorities shutdown nears end

“Great Whales” accumulate 36,000 BTC

According to Uphold’s caput of research, Dr. Martin Hiesboeck, immoderate semipermanent Bitcoin holders are liquidating positions to rebuy done ETFs for taxation advantages and greater flexibility, portion others are reallocating into broader blockchain projects. 

Onchain data from CryptoQuant reinforced this behavioral shift, revealing a marked redistribution of Bitcoin holdings betwixt Oct. 24 and Nov. 7, 2025. During this period, mid-sized investors (“Dolphins,” holding 100–1,000 BTC) sharply reduced their accumulation from 173,982.8 BTC to 81,453.5 BTC, portion “Great Whales” (holding implicit 10,000 BTC) much than doubled their holdings, resulting successful a nett summation of implicit 36,000 BTC. 

Cryptocurrencies, Bitcoin Price, Investments, Markets, Cryptocurrency Exchange, Price Analysis, Market Analysis, Altcoin Watch, Ether Price, Solana, Whale, Ethereum ETF, Bitcoin ETF, ETFBitcoin accumulation information by whales. Source: CryptoQuant

This dependable accumulation by high-capital entities has helped anchor Bitcoin supra the $100,000 level. The information signaled a gradual transportation of proviso to stronger holders, preserving a structurally bullish semipermanent instauration for Bitcoin contempt the underlying ETF-driven turbulence.

Related: End to US gov’t shutdown sparks organization buying, ETF ‘floodgate’ hopes

This nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision.

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