Deep Tide TechFlow News, Nov. 10: According to BeInCrypto, data from The Kobeissi Letter show that global equity funds attracted $266 billion in inflows over the past four weeks, a record for the same period; inflows totaled $89 billion last week, including $32 billion into U.S. equity funds.
Meanwhile, U.S. spot Bitcoin ETFs saw net outflows of $1.28 billion during the week of Nov. 2–6. The report noted that Bitcoin failed to follow the Nasdaq’s recent rebound, while expectations of a Federal Reserve rate hike in December are also a potential headwind.
Meanwhile, U.S. spot Bitcoin ETFs saw net outflows of $1.28 billion during the week of Nov. 2–6. The report noted that Bitcoin failed to follow the Nasdaq’s recent rebound, while expectations of a Federal Reserve rate hike in December are also a potential headwind.