Bitcoin News Today: Concerns Over Liquidity Trigger Crypto ETF Outflows, Experts Identify a Chance to Purchase Bitcoin
- U.S. Bitcoin ETFs saw $492M net outflow on Nov 14, with BlackRock's IBIT leading a $4.63B selloff, marking its largest single-day withdrawal. - Fidelity's FBTC, WisdomTree's BTCW, and Grayscale's GBTC all reported significant redemptions, intensifying crypto liquidity fears amid 10-30% price declines. - Analysts link outflows to inflation concerns, global debt risks, and post-shutdown market uncertainty, while Ethereum ETFs lost $689M (4% of AuM) last week. - Despite 27% ETP AUM declines and whale sellin
On November 14, U.S.
This wave of redemptions
Ethereum ETFs were also affected, with
Despite the ongoing volatility, some analysts remain optimistic about Bitcoin's future. Robert Kiyosaki, a well-known supporter of the cryptocurrency,
The recent selloff also coincided with new developments in crypto derivatives. The Cboe introduced "perpetual-style" Bitcoin and
For those investing in the sector, the recent withdrawals underscore the importance of resilience.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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