Bitcoin ETFs Lose $2.1 Billion in November as Outflow Streak Hits Seven Days

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U.S. spot Bitcoin ETFs recorded $185.4 million in outflows on Friday, extending their streak to seven consecutive trading days. The funds lost about $829 million this week after shedding nearly $1.3 billion the previous week, bringing November’s outflows to roughly $2.1 billion. Cumulative net inflows since their January 2024 launch fell to $55.3 billion, while total net assets dropped to $94.9 billion. Ethereum ETFs took in $2.3 million on Friday but lost about $336 million for the week and $702 million in November, while Solana ETFs shed $28 million. Bitcoin traded near $64,500, down 15% for the week and more than 22% over 30 days, as Federal Reserve rate concerns weighed on the market.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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