CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
Coin Edition 2024-11-05 17:20:00

Bitcoin ETFs See Massive Outflows Ahead of Election Day

US spot Bitcoin ETFs saw massive outflows on November 4th, with investors withdrawing $541 million in a single day. This marks the second-largest single-day outflow since these funds launched, just behind the $563 million outflow on May 1st. Fidelity’s FBTC fund was hit particularly hard, with $170 million in withdrawals, its second-biggest daily outflow ever. The post Bitcoin ETFs See Massive Outflows Ahead of Election Day appeared first on Coin Edition .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.