#BitcoinETFsLose$1.6BInNovember
Institutional outflows are ramping up as spot Bitcoin ETFs bleed ~$1.6B in net redemptions this November.
A prolonged 8-day outflow streak from BlackRock’s IBIT ($1.7B+) leads the broader slump, driven by sticky inflation fears and macro headwinds. Meanwhile, stock ETF investors are actively buying equity dips, signalling a temporary pivot away from crypto risk assets.
Key support sits around the 200-day MA ($73.2K–$73.8K). Keep leverage low and risk tight! 📉⚠️
#Bitcoin #BTC #BitcoinETF #CryptoNews $BTC
Institutional outflows are ramping up as spot Bitcoin ETFs bleed ~$1.6B in net redemptions this November.
A prolonged 8-day outflow streak from BlackRock’s IBIT ($1.7B+) leads the broader slump, driven by sticky inflation fears and macro headwinds. Meanwhile, stock ETF investors are actively buying equity dips, signalling a temporary pivot away from crypto risk assets.
Key support sits around the 200-day MA ($73.2K–$73.8K). Keep leverage low and risk tight! 📉⚠️
#Bitcoin #BTC #BitcoinETF #CryptoNews $BTC