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Bitcoin, Ether ETFs post $530M outflows as election gains evaporate

Headline from Cointelegraph

Image: Cointelegraph

Key points

  • United States spot Bitcoin and Ether exchange-traded funds recorded combined net outflows of $530 million on Thursday.
  • The significant withdrawals coincided with a broader market downturn, as Bitcoin slipped below the $76,000 price level and US equities experienced a sharp fall, erasing previous gains built up around the recent presidential election.

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

Coins mentioned

Sources

  • CointelegraphBitcoin, Ether ETFs post $530M outflows as election gains evaporate · 2 hours agoRead on Cointelegraph

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Kryptokite links to the original reporting and never republishes full articles. Summaries are written automatically and may contain mistakes; nothing here is financial advice.

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