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Bitcoin ETF Outflows Continue As Crypto Prices Sink

Bitcoin ETF Outflows Continue As Crypto Prices Sink

Bitcoin ETF Outflows Continue As Crypto Prices Sink
Bitcoin ETF Outflows Continue As Crypto Prices Sink

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.

More From Cryptoprowl:

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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