๐ Crypto Market Update: Bitcoin ETFs See Outflows! ๐
- Bitcoin ETFs in the U.S. saw a $400.67M outflow on Nov. 14, ending a six-day inflow streak. Fidelity's FBTC led with $179.16M out, followed by ARK's ARKB and Bitwise's BITB.
- BlackRock's IBIT defied the trend with $1.236B inflows, reaching over $40B in assets, outperforming 2,800 ETFs launched in the past decade!
- Ether ETFs also faced outflows of $3.24M, with Grayscale's ETHE seeing the largest exit.
๐ What do these trends mean for crypto? Share your thoughts in the comments! ๐ฌ