The End Of The Trump Rally? Crypto ETFs Are Experiencing Massive Outflows
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The American crypto ETFs have experienced their first capital outflow since Donald Trump’s electoral victory, marking a pause in the bullish trend. Both Bitcoin and Ethereum recorded significant declines, with respective net outflows of $400.7 million for Bitcoin ETFs and $3.2 million for Ethereum ETFs.
A first capital outflow that marks the end of a historic series
November 14 marked a turning point for crypto ETFs, with a massive outflow of $400.7 million from Bitcoin funds. This decline comes as Bitcoin was trading around $88,200, down 2% over 24…