Spot Bitcoin ETFs saw about 185.4 million in net withdrawals on Friday, marking seven consecutive days of outflows. That pushed the month's cumulative losses for these funds to roughly 2.1 billion, as Bitcoin slid toward the 64,000 level.
Seven days of redemptions in a row is a notable stretch for these products, so it's worth watching whether the pressure keeps building or eases. What's your read on $BTC from here?
Source: https://decrypt.co/383282/bitcoin-etfs-lose-2-1-billion-november-outflow-streak-seven-days
#Riopay #Crypto #CryptoNews #Binance
Seven days of redemptions in a row is a notable stretch for these products, so it's worth watching whether the pressure keeps building or eases. What's your read on $BTC from here?
Source: https://decrypt.co/383282/bitcoin-etfs-lose-2-1-billion-november-outflow-streak-seven-days
#Riopay #Crypto #CryptoNews #Binance
