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Bitcoin ETFs see $643M outflow, wiping out 64% of 2026 net inflows amid price resistance near $80K

Market News
02 Nov 2026, 13:58 WIB
Coinpaper
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Bearish
Bitcoin ETFs see $643M outflow, wiping out 64% of 2026 net inflows amid price resistance near $80K

Bitcoin ETFs experienced a significant $643.3 million withdrawal on November 2, erasing about 64% of their net inflows for 2026. Major funds like BlackRock and Fidelity led the outflows, raising concerns about institutional demand after October's selloff. Bitcoin's price hovers near $78,000, facing critical resistance around $80,000, with key support levels at $77,000 and $76,000. Upcoming U.S. elections and jobs data could influence Bitcoin's recovery prospects amid ongoing market uncertainties.

Bitcoin ETF outflows totaling $643.3 million provide context for the current market environment. For readers following cryptocurrency broadly, here is Pluang's market snapshot as of Nov 02, 2026 18:41 WIB: out of 50 major cryptocurrencies priced on Pluang, only 5 rose while 44 fell. EOS gained 8.13% to Rp12.649 with a typical hold time of 87 days, contrasting with COTI's 6.58% drop to Rp184 despite strong buy interest at 89%, and BAT's 5.78% decline to Rp2.394 where sell orders dominated at 73%.

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