Bitcoin, Ether ETFs post $530M outflows as election gains evaporate
Summary
United States spot exchange-traded funds tied to Bitcoin and Ether suffered massive withdrawals totaling $530 million. This significant capital flight occurred as the price of Bitcoin dropped beneath $76,000 while broader American stock markets declined.
US spot Bitcoin and Ether ETFs shed a combined $530 million Thursday as Bitcoin fell below $76,000 and US stocks tumbled.
Source: Read the full story at Cointelegraph.com News
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