CryptoStatCoins

Bearish

Bitcoin ETFs Experience Record $3.79 Billion Outflows in November 2024

Bitcoin exchange-traded funds (ETFs) witnessed unprecedented outflows totaling $3.79 billion during November 2024, marking the highest monthly withdrawal since their inception. This significant capital movement reflects shifting investor sentiment in cryptocurrency markets and highlights ongoing volatility in digital asset investments. The substantial outflows from Bitcoin ETF products indicate potential market pressure and changing institutional allocation strategies toward crypto assets.
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