Bitcoin and Ethereum ETFs Shed $505M as Kalshi Traders Predict BTC Drop to $70,000 in November

TLDR: Bitcoin spot ETFs recorded $411.9 million in net outflows on November 6. BlackRock’s IBIT accounted for $403 million in withdrawals, while Fidelity’s FBTC gained $42.8 million. Ethereum ETFs lost $93.3 million, with BlackRock’s ETHA recording $90.8 million in outflows. Kalshi traders priced Bitcoin’s November low near $70,000 as analysts watched key support levels. U.S. [...]

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