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Spot Bitcoin ETFs See $401M Outflow, Breaking Six-Day Inflow Streak Cryptonews 15 Nov 2024

Spot Bitcoin ETFs See $401M Outflow, Breaking Six-Day Inflow Streak 📉

ETF Bitcoin

Bitcoin spot exchange-traded funds witnessed a notable shift on November 14, with a significant outflow totaling $400.7 million. This marks a break after a consistent six-day period of inflows into Bitcoin ETFs.

The substantial outflow underscores the volatility and dynamic nature of the cryptocurrency market, particularly for investment vehicles like ETFs, which have been gaining attention from investors.

Such fluctuations are indicative of the market sentiment towards Bitcoin and its perceived value over short periods.

Quelle: cryptonews.com ↗

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