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Bitcoin ETFs Lose $399M as 2-Day Outflows Top $1.04B

News.Bitcoin.com
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Bitcoin ETFs Lose $399M as 2-Day Outflows Top $1.04B

U.S. bitcoin ETFs opened November with $398.62 million in net outflows, extending the heavy selling that closed October. Ether funds lost another $139.80 million, while Zcash, HYPE and XRP also started the month in negative territory. Blackrock Drives $399M Bitcoin ETF Exit November began with institutional investors still clearing risk from their books. Bitcoin exchange-traded […]

Key Takeaways

  1. bitcoin ETFs opened November with $398.62 million in net outflows, extending the heavy selling that closed October.
  2. Ether funds lost another $139.80 million, while Zcash, HYPE and XRP also started the month in negative territory.
  3. Blackrock Drives $399M Bitcoin ETF Exit November began with institutional investors still clearing risk from their books.
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.