BlackRock leads $300 million Bitcoin ETF outflows as BTC struggles near $73K
By Rony Roy
U.S. spot Bitcoin exchange-traded funds have recorded $299.9 million in net outflows on November 11, with BlackRock accounting for most of the withdrawals as investors pulled money from the products for a fifth consecutive trading session. According to SoSoValue data,…
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinExchange-traded fund
An investment fund that holds a basket of assets, such as the shares in an index, and trades on a stock exchange like a single share.
ETFs offer low-cost, diversified investing and are a fast-growing way people save.
More about Exchange-traded fundMore in Bitcoin
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