Bitcoin ETFs Bleed $1.4B in Five Days as Investors Cut Risk
U.S. spot Bitcoin exchange-traded funds have recorded five consecutive days of net outflows, as investors retreat from risk assets after a turbulent week for markets. The funds lost some $1.44 billion between November 5 and November 11, including $299.9 million on Wednesday, according to SoSoValue data. That brings…
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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 Finance
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