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Commodities & currencyCoinDesk

Bitcoin ETFs down $1.5B in outflows for year

Negative-45

GreyOak summary

Bitcoin spot ETFs recorded over $1.5 billion in net outflows for the year due to rapid redemptions. Bitcoin's price dropped below $70,000, marking its lowest level since August.

What it affects

  • BitcoinNegative -45

    Price fell below $70,000 amid outflows.Rolling sentiment Negative -37

Source

Read the original at CoinDesk

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