Crypto ETFs lose $530M as AMINA trader eyes Ether-led recovery

U.S. Bitcoin and Ether ETFs have recorded $530.1 million in combined net outflows on Nov. 5, as AMINA Bank’s derivatives chief has pointed to renewed fund buying as the key to sustaining crypto gains into 2027. Summary Bitcoin ETFs lost $430.2 million on Nov. 5, while Ether funds shed $99.9 million. AMINA’s Andreja Cobeljic sees Ether ETF demand as a key signal for continued crypto gains. Low futures premiums suggest arbitrage dominates positioning, according to the bank’s derivatives chief. Growing demand for downside protection could support a later recovery, in his assessment. Andreja Cobeljic, head of derivatives trading at AMINA Bank, told crypto.news that ETF flows and corporate Bitcoin purchases offer the clearest signals of institutional adoption, while futures activity can be driven by trades that do not depend on prices rising. His comments describe what could support another rally, with the latest fund data showing investors withdrawing money after a brief return to buying. Bitcoin ETF outflows erase a brief recovery According to Farside Investors’ Bitcoin data, U.S. spot funds lost $430.2 million on Nov. 5, reversing a $74.6 million inflow the previous day. Fidelity’s F...