Digital Currency / Investing
Add as a preferred source on GoogleBitcoin funds had $1.47 billion in outflows and Ether funds $391 million; one Bitcoin-fund session saw a $366 million withdrawal.
Bitcoin (BTC) and Ether (ETH) exchange-traded funds saw about $1.86 billion in combined net outflows over the past week, with one $366 million session contributing to Bitcoin funds’ total.
Bitcoin products posted $1.47 billion in net outflows; the Ether-fund total was $391 million. Together, the reported amounts add up to $1.861 billion, which rounds to about $1.86 billion.
The figures capture net fund movement but do not explain the reasons for investors’ activity.
Sixty-seven of 90 assets rose in the 24 hours to Friday’s cutoff; a Sunday spot reading put ARB at $0.1688, up 1.43% over 24 hours.
Figures released Nov. 6 put Bitcoin liquidations at $179 million and Ether at $131 million; Binance’s ETHUSDT market recorded the largest individual order at $10.94 million.
The Bank of Russia screened eligible assets by market size, trading activity and price records stretching back at least five years.
