Ethereum

bullish

Bitcoin

BlackRock

<p>The American crypto ETFs have experienced their first capital outflow since Donald Trump’s electoral victory, marking a pause in the bullish trend. Both Bitcoin and Ethereum recorded significant declines, with respective net outflows of $400.7 million for Bitcoin ETFs and $3.2 million for Ethereum ETFs.</p> 
<h2 id="h-une-premiere-sortie-de-capitaux-qui-marque-la-fin-d-une-serie-historique">A first capital outflow that marks the end of a historic series</h2> 
<p>November 14 marked a turning point for <a href="https://www.cointribune.com/la-bataille-des-etf-crypto-fait-rage-ethereum-attire-243-m-en-24h/" target="_blank" rel="noreferrer noopener">crypto ETFs</a>, with a massive outflow of $400.7 million from Bitcoin funds. This decline comes as Bitcoin was trading around $88,200, down 2% over 24 hours.</p>
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<p>BlackRock stands out with its <a href="https://www.cointribune.com/en/1-1-billion-in-one-day-blackrocks-bitcoin-etf-defies-expectations-2/" target="_blank" rel="noreferrer noopener">iShares Bitcoin Trust ETF</a>, which maintained positive inflows of $126.5 million, while VanEck recorded a modest influx of $2.5 million.</p> 
<p>Fidelity’s ETF recorded the most significant losses with -$179.2 million, while the ARK/21Shares ETF and the Bitwise fund saw respective withdrawals of $161.7 million and $113.9 million. Grayscale also suffered the backlash with combined outflows of $74.9 million across its ETFs.</p> 
<p>This <a href="https://cointelegraph.com/news/trump-trade-over-bitcoin-etfs-see-first-outflow-since-election" target="_blank" rel="noreferrer noopener">correction</a> comes after an impressive rally that had propelled Bitcoin from $68,000 to $93,500, a rise of almost 30% since the election of Trump.</p> 
<div class="affiliate-button"> <a class="affiliate-button__link" href="https://www.bitmart.com/register-referral/en?r=VanRSD" target="_blank" rel="noreferrer noopener">Your 1st cryptos with BitMart</a> <a class="affiliate-button__disclaimer" href="https://www.cointribune.com/en/sponsored-content/" target="_blank" rel="noreferrer noopener">This link uses an affiliate program.</a> 
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<h2 id="h-l-effet-trump-s-estompe-sur-le-marche-crypto">The Trump effect fades on the crypto market</h2> 
<p>The last significant outflow from the ETFs occurred on election day, with $116.8 million in withdrawals amid electoral uncertainty. Trump’s <a href="https://www.cointribune.com/en/trump-appoints-a-pro-bitcoin-person-to-head-the-department-of-justice/" target="_blank" rel="noreferrer noopener">victory</a> then triggered a massive “Trump trade,” fueled by his economic promises and open support for cryptos.</p> 
<p>Bitcoin ETFs then set a historic record on November 7 with $1.37 billion in inflows in a single day, part of a series of inflows totaling $4.7 billion over six days.</p> 
<p>On the Ethereum side, the trend is similar with a first net outflow since the Trump election. ETH dropped nearly 5% to settle below $3,100, ending a period of continuous inflows of nearly $800 million since November 4.</p> 
<p>This technical correction suggests a pause in post-electoral euphoria but does not necessarily undermine the <a href="https://www.cointribune.com/en/bitcoin-soon-to-be-valued-as-much-as-google/" target="_blank" rel="noreferrer noopener">bullish underlying trend of the crypto market</a>, driven by solid fundamentals and a renewed institutional interest.</p>

The End Of The Trump Rally? Crypto ETFs Are Experiencing Massive Outflows

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