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News Explorer — Bitcoin, Ethereum ETFs Bled Last Week With $1.1 Billion in Losses

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Nov 10, 3:05 pm
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Bitcoin, Ethereum ETFs Bled Last Week With $1.1 Billion in Losses

Bitcoin and Ethereum funds experienced over $1.17 billion in outflows last week, with BlackRock's iShares Bitcoin and Ethereum funds leading the withdrawals. The negative sentiment in the market was fueled by recent market fluctuations and uncertainty surrounding a potential rate cut by the Federal Open Markets Committee in December.

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