Bitcoin ETFs can't catch a break as investors stampede for the exits.
Original headline: Bitcoin ETFs Lose $2.1 Billion in November as Outflow Streak Hits Seven Days — decrypt.co
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U.S. spot Bitcoin ETFs have seen money flowing out for seven straight trading days, with November's total withdrawals hitting roughly $2.1 billion. This extends a brutal sell-off, bringing cumulative net inflows down to $55.3 billion and pushing total assets below the symbolic $100 billion mark. Ethereum and Solana ETFs haven't fared much better, with significant weekly losses despite a brief one-day respite for Ethereum.
The relentless selling reflects a classic 'risk-off' sentiment gripping crypto markets, exacerbated by fears around Federal Reserve interest rate decisions. For investors and engineers watching this space, the daily ETF flow reports have become a stark barometer of institutional confidence—or the sudden lack thereof. The takeaway is painfully familiar: when the macro winds shift, even the shiniest new financial products can't hide from a good old-fashioned capital flight.
Read the original at decrypt.co
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