Bitcoin ETFs See Massive Outflows Ahead of Election Day

US spot Bitcoin ETFs saw massive outflows on November 4th, with investors withdrawing $541 million in a single day. This marks the second-largest single-day outflow since these funds launched, just behind the $563 million outflow on May 1st. Fidelity’s FBTC fund was hit particularly hard, with $170 million in withdrawals, its second-biggest daily outflow ever. The post Bitcoin ETFs See Massive Outflows Ahead of Election Day appeared first on Coin Edition .

Source: Coin Edition