Rewards Hub Bitcoin-related ETFs experienced significant net outflows totaling $492.11 million on November 14, with BlackRock's IBIT ETF leading the decline with a $463.10 million outflow. Despite cumulative inflows of $63.79 billion, the IBIT ETF saw a 3.80% price drop.
Grayscale's GBTC ETF also reported a $25.09 million outflow, while BTC managed a minor inflow of $4.17 million. Other ETFs, including FBTC, ARKB, and BITB, faced modest outflows and price declines. The total net assets of Bitcoin investment products now stand at $125.34 billion, accounting for 6.67% of Bitcoin's market cap.
Bitcoin ETFs Face $492 Million Net Outflows, Led by IBIT's $463 Million Exit
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