Crypto ETFs see over half a billion dollars in outflows amid post-midterm market slide
By James Hunt

U.S. spot crypto ETFs slumped back to net outflows on Thursday, with more than $540 million in withdrawals across major products.
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Explained in this story
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.
More about Exchange-traded fundCryptocurrency
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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