CryptoMarkets

Bitcoin ETFs Shed Nearly $1 Billion in Two Weeks as Uptober Stays Red

Summary

Bitcoin exchange-traded funds experienced substantial net outflows over the last two weeks. This negative trend resulted in nearly one billion dollars leaving these investment products, causing October to record heavy losses so far.

Bitcoin ETFs lost a net $228.6 million this week, following a $681.1 million drain the week before and pushing October deep into the red.

Source: Read the full story at Decrypt

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