Bitcoin and Ether ETF Flows Turn to $530M Outflows After Poll Swing

US spot Bitcoin and Ether exchange-traded funds (ETFs) reversed course on Thursday, recording roughly $530 million in combined net outflows as broader crypto markets slid sharply. According to SoSoValue, Bitcoin ( BTC ) spot ETFs saw about $430 million in net withdrawals, while Ether ( ETH ) funds lost around $100 million. The sell-off came after a rebound session on Wednesday, when combined inflows totaled $128 million following Democrats’ election wins in the US midterms—an outcome that had lifted Bitcoin briefly above the $80,000 level.