#USCryptoETFsLose$1.48BInFiveDays
Investors pulled $1.48 billion out of U.S. spot crypto ETFs over five straight trading days ending November 10. Bitcoin funds took the biggest hit, losing $1.06 billion as the token dropped below $70,000. All six tracked crypto fund groups saw money leave, while major U.S. stock ETFs gained $37.5 billion during the same stretch. Hotter inflation numbers and fears of higher interest rates are pushing big investors away from risky assets and back into traditional stocks.
$BTC $ETH $SOL
Investors pulled $1.48 billion out of U.S. spot crypto ETFs over five straight trading days ending November 10. Bitcoin funds took the biggest hit, losing $1.06 billion as the token dropped below $70,000. All six tracked crypto fund groups saw money leave, while major U.S. stock ETFs gained $37.5 billion during the same stretch. Hotter inflation numbers and fears of higher interest rates are pushing big investors away from risky assets and back into traditional stocks.
$BTC $ETH $SOL
