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Bitcoin ETFs See $1 Billion in Outflows for Second Consecutive Week

(11 hours ago) · 1 source · Summarized by CryptoBipto

Bitcoin exchange-traded funds have experienced approximately $1 billion in net outflows for the second week in a row. Most crypto investment funds have reportedly seen withdrawals, with one notable exception continuing to attract inflows.

WHY IT MATTERS

A Bitcoin ETF is like a wrapper that lets people invest in Bitcoin through a regular stock brokerage account, similar to buying shares of a company.

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SOURCES

  • theblock.co

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