EthereumNov 6, 2026, 9:37 PM UTCBTC · ETH

Bitcoin, Ether ETFs post $530M outflows as election gains evaporate

US spot Bitcoin and Ether ETFs shed a combined $530 million Thursday as Bitcoin fell below $76,000 and US stocks tumbled.

Reported by Cointelegraph. CryptoNova picks and ranks the stories; the original outlet is the authority. Not financial advice. Disclaimer

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The group said it aims to make Ethereum post-AI by 2027 as well, resistant to cryptographic risks that AI development is bringing.

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Bitmine booked $6.2 billion in unrealized losses on digital assets. It held 6.07 million ETH on Sunday, or 4.97% of Ether’s supply.

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According to its SEC filing, nearly $6.23 billion of the net losses came from unrealized fair value losses on digital asset holdings.

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It’s a big shift for Ethereum from the “ultrasound money” days. But can ETH compete as a store-of-value play?

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