Bitcoin ETFs Lose 0M as IBIT Outflow Streak Tops B

US spot Bitcoin and Ether exchange-traded funds (ETFs) posted about $530 million in net outflows Thursday as cryptocurrency markets fell sharply.Bitcoin (BTC) ETFs recorded $430 million in net outflows while Ether (ETH) funds lost around $100 million, according to SoSoValue data.The reversal followed $128 million in combined inflows Wednesday, when Bitcoin briefly climbed above $80,000 after Democrats’ victories in the US midterm elections.Bitcoin fell back below $76,000 and the tech-heavy Nasdaq Composite plunged 5.5% on…

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Trump blames Democrats for stock market plunge after sweeping midterm victories

President Donald Trump blamed Democrats’ sweeping midterm election victories for Thursday’s massive stock market sell-off, as Wall Street suffered its sharpest losses since April 2025. In a post on Truth Social, Trump warned that the market plunge had taken a toll on Americans’ retirement savings.”The Stock Market suffered one of…