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Bitcoin

US Bitcoin ETF outflows fall to $95 million as IBIT posts 8th loss in a row

Image: CoinTurk News

US spot Bitcoin exchange-traded funds recorded outflows totaling $95 million on Tuesday, marking the third straight session of investor redemptions. Despite the decline in Bitcoin ETF assets, stock funds saw substantial inflows as investors responded to a broader market pullback. Investor withdrawals from spot Bitcoin ETFs began to ease over the past few days. According to fund flow data, US Bitcoin ETFs saw redemptions of $430 million on November 5, followed by $412 million on November 6, $201 million on Monday, and $95 million on Tuesday. This latest figure represents a drop of nearly 53% compared to the previous day’s outflows. Cumulatively, the outflows for November have reached approximately $1.6 billion.

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