Bitcoin ETFs Witness Record Outflows in November, Raising Concerns About Market Volatility

BlackRock’s Bitcoin ETF experienced its largest day of redemptions on record this week, contributing significantly to a surge in outflows for the sector. The result? A potential record-breaking loss for Bitcoin ETFs in November, as investors withdraw billions from the asset class, despite positive historical returns. Experts attribute this trend to a confluence of factors, including market uncertainty and changing investor sentiments.