CoinDesk••1 min read
Bitcoin ETFs See Record $4.57 Billion Outflows Amid Price Drop
The Signal TakeBearish
Spot Bitcoin ETFs experienced record outflows during November and December. According to reports, these ETFs saw outflows totaling $4.57 billion over the two-month period. This occurred as Bitcoin prices experienced a significant drop of 20% during the same timeframe. The outflows mark the sharpest decline on record for these investment vehicles, reflecting potential investor response to the price volatility in the Bitcoin market.
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