Bitcoin ETFs Suffer Near-$500 Million Outflow Amid Market Plunge

The burgeoning market for spot Bitcoin Exchange-Traded Funds (ETFs) faced a significant setback this week, recording massive outflows that pushed cryptocurrency prices lower and market sentiment into a state of “fear.” Data from October 29 revealed a striking $471 million hemorrhage from Bitcoin ETFs, marking one of the worst single-day performances since their inception. This …

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