Bitcoin ETFs Turn to Net Outflows for the Year
On November 13, the year-to-date fund flows for U.S. spot Bitcoin ETFs turned negative. As of October 29, these funds had still seen net inflows of about $1.01 billion for the year. On October 30, they recorded a single-day outflow of $643.3 million, reducing the cumulative figure to $368 million.
After two consecutive weeks of large redemptions, the year-to-date total turned into net outflows of $1.56 billion.
BTC was quoted at $67,078 on Binance at noon today, down 2.29% over 24 hours.
More than $1.3 billion in crypto futures positions were liquidated over 24 hours, including $677 million in Bitcoin positions.
The figures only go through November 13; daily creations and redemptions will continue to change from then on.
Related codes: $BTC
, $IBIT.ETF
#比特币跌破200周均线