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Bitcoin ETFs See $1.3 Billion Weekly Outflows, Largest Since June

Headline from Bitcoinist

Image: Bitcoinist

Key points

  • United States spot Bitcoin exchange-traded funds experienced substantial redemptions last week, recording $1.28 billion in net outflows.
  • This represents the largest weekly capital withdrawal for these funds since late June.
  • The recent decline follows $515 million in net outflows during October, bringing the year-to-date net outflows for spot Bitcoin ETFs to approximately $919 million total.

Summarized automatically by Kryptokite from reporting by Bitcoinist. Read the original sources for full detail.

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Sources

  • BitcoinistBitcoin ETFs See $1.3 Billion Weekly Outflows, Largest Since June · 7 hours agoRead on Bitcoinist

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