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Almost $1.5 Billion Withdrawn From Bitcoin and Ethereum ETFs in a Single Week

By Jordan Lyanchev

The ETH ETFs are in a particularly painful streak, with another $400 million leaving the funds over the past five days.

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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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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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