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Bitcoin ETFs Record $1.3 Billion Weekly Outflow, Largest Since Late June
(2 hours ago) · 1 source · Summarized by CryptoBipto
Spot Bitcoin ETFs experienced $1.3 billion in net outflows over the past week, marking the largest weekly withdrawal since late June. The outflows represent a notable shift in fund flows for the Bitcoin ETF market.
WHY IT MATTERS
A Bitcoin ETF (exchange-traded fund) is a product that lets people invest in Bitcoin through a traditional brokerage account, similar to buying shares of a stock.
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SOURCES
- cointelegraph.com
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