Bitcoin ETFs Lose $2.1 Billion in November as Outflow Streak Hits Seven Days
Spot Bitcoin ETFs shed $185.4 million on Friday, their seventh straight day of outflows, pushing November losses to about $2.1 billion as Bitcoin fell toward $64,000.
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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 fundFrom the blog
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