Bitcoin
Bitcoin ETFs Lose $1.58B as BTC Price Risks Sixth Weekly Decline
Bitcoin ETFs extended their losing run on November 10, posting another day of net outflows as the BTC price struggled to hold above $74,000. Data from SoSoValue shows Bitcoin ETFs lost $95 million on the day. Over those four sessions, outflows from Bitcoin ETFs add up to roughly $1.14 billion, and the selling pressure has followed the price of Bitcoin lower. Bitcoin ETFs Extend Outflows as BTC Price Faces Pressure The current streak began on November 5, when Bitcoin ETFs recorded $430.20 million in net outflows. Another $411.92 million left the following day, then $201.08 million on November 9 and...
The Market Periodical5 min read
