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Bitcoin ETFs Head for First Losing Year as Outflows Top $1 Billion

TLDR US spot Bitcoin ETFs have about $1.1 billion in year-to-date net outflows, the first negative year since their January 2024 launch. The funds lost $299.87 million on Nov. 11, the fifth straight day of withdrawals. Outflows over the five days reached $1.44 billion, the longest streak since July. BlackRock’s fund lost $269.7 million in [...]

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Source: Blockonomi →