Bitcoin, Ether ETFs post $530M outflows as election gains evaporate
Summary
United States spot Bitcoin and Ether exchange-traded funds experienced massive outflows totaling $530 million on Thursday. This downturn occurred alongside a drop in American equities and a decline in the price of Bitcoin beneath the $76,000 threshold.
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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