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Crypto ETFs lose $1.53B as Bitcoin leads another week of withdrawals

By Lawrence Mondal

US crypto ETFs tracking Bitcoin, Ethereum, Solana, Hyperliquid and Zcash recorded a combined $1.53 billion in net outflows during the trading week of Nov. 9–13, with Bitcoin funds accounting for most of the withdrawals. According to Farside Investors, all five…

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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.

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Exchange-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.

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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