Bitcoin ETFs see $1.5 billion net outflows this year

This market downturn is being attributed to swift redemptions from the Bitcoin ETFs.

These exchange-traded funds have seen net outflows exceeding $1.5 billion over the course of the year.

Earlier coverage

• Bitcoin dips, Nvidia falls, ETF outflows hit $299.9 million Nov 12
• Stablecoin Drain, ETF Outflows Slash Bitcoin Supply $14.2 Billion Nov 11
• Short-Term Holders Move $3.6 Billion BTC to Exchanges At Loss Nov 11