Crypto

Bitcoin ETFs Bleed $1.4B in Five Days as Investors Cut Risk

Summary

U.S. spot Bitcoin exchange-traded funds experienced five consecutive days of net outflows, shedding more than $1.4 billion in total. This decline occurred as investors reduced their exposure to risk assets following a volatile week in the broader markets.

U.S. spot Bitcoin exchange-traded funds have recorded five consecutive days of net outflows, as investors retreat from risk assets after a turbulent week for markets. The funds lost some $1.44 billion between November 5 and November 11, including $299.9 million on Wednesday, according to SoSoValue data. That brings net outflows for November so far to […]

Source: Read the full story at Decrypt

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