Spot Bitcoin ETFs See Biggest Two-Week Outflows as Fed Cuts Rates

U.S. spot Bitcoin ETFs posted $802M in net outflows last week, with $25B in trading volume, highlighting sustained selling pressure despite active price movement at around $109,881.

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Fact Check
The evidence strongly supports both components of the statement and their temporal connection.First, the existence of a U.S. Federal Reserve interest rate cut is definitively established by multiple high-authority primary sources. The Federal Reserve's own press releases, implementation notes, and calendar are the most authoritative sources possible for such an event, and they confirm a monetary policy decision occurred.Second, the claim about record outflows from Spot Bitcoin ETFs is directly supported by a highly relevant, though lower-authority, source ("Bitcoin ETFs Face Sharp Outflows After Fed Lowers Interest Rates"). This source explicitly reports that the ETFs experienced their largest outflows in two weeks and directly links this to the Fed's rate cut.Third, the timing of the two events is corroborated by multiple sources. A high-authority crypto news publication ("Stablecoin Inflows Rise Before Fed Rate Decision: Crypto Daybook") also connects crypto market activity directly with the scheduled Federal Reserve decision, reinforcing the timeline. The Federal Reserve's own documents establish the exact date of the rate decision, which aligns with the reporting on the ETF outflows.While the specific claim of "record" outflows relies on a source with a lower authority score, it is the most relevant source provided and is not contradicted by any other specific evidence. A general ETF news homepage that suggests overall inflows is not specific enough to count as a contradiction to outflows from a particular asset class (spot Bitcoin) over a specific timeframe. Therefore, the combined weight of the evidence makes the statement very likely to be true.
Summary

In the week ending November 3, U.S. spot Bitcoin exchange-traded funds recorded $802 million in net outflows, marking a continuation of heavy withdrawals from the prior week. Trading volume reached $25 billion, with the most active trading price at $109,881. The sustained outflows underscore persistent selling pressure across institutional Bitcoin products amid high market activity.

Terms & Concepts
  • Spot Bitcoin ETF: An exchange-traded fund that directly holds Bitcoin, allowing investors to gain exposure to its price movements without owning the asset themselves.