US Bitcoin ETFs Record Second-Biggest Daily Outflows Ahead of Election
on the day before the fiercely contested US election, the Bitcoin Exchange Traded Fund (ETF) in the United States experienced the second largest single-day outflow of funds in history. Based on data from Farside Investors, on Monday, November 4th, the ETF had a net outflow of $541.1 million, with BlackRock's iShares Bitcoin Trust ETF (IBIT) being the only ETF to receive a $38.4 million inflow.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Fidelity Expands Frontiers with Ethereum-Tokenized Treasury Fund
Solana ETF Filing by Fidelity Boosts Market Optimism
Congress Concerns Elon Musk’s DOGE Impact on Federal Employment
Fidelity Introduces Ethereum-Based Tokenized Treasury Fund
Trending news
MoreCrypto prices
More
