Exchange-traded funds (ETFs) that track the spot price of Bitcoin (CRYPTO: $BTC) continue to experience steady outflows as prices for cryptocurrencies remain under pressure.
About a dozen U.S. spot Bitcoin ETFs lost $95 million U.S. on Nov. 10, according to market data. That extends the streak of outflows to four consecutive days.
BlackRock’s (NYSE: $BLK) leading iShares Bitcoin Trust (NASDAQ: $IBIT) accounted for $78 million U.S. of the outflows seen on Nov. 10.
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Since the start of November, the spot Bitcoin ETFs have lost a combined total of $1.57 billion U.S. as crypto prices have steadily sunk.
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