[Report: Cryptocurrency market correction appears to be driven by retail investors selling Bitcoin and Ethereum ETFs] According to a report from JPMorgan cited by The Block, the recent correction in the crypto market has been primarily driven by non-crypto-native retail investors. Approximately $4 billion has flowed out of Bitcoin and Ethereum spot ETFs so far in November, surpassing the record set in February. Meanwhile, retail investors have continued to heavily purchase stock ETFs this month, with around $96 billion in inflows, indicating that they have not entirely avoided risk assets but are instead temporarily selling off crypto ETFs. JPMorgan believes the correlation between crypto and small-cap tech stocks remains intact, and the overall upward trend has not changed.