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Bitcoin (BTC) ETFs Lose $2.35 Billion in Two Weeks as IBIT Outflows Hit 11 Sessions

Picture: TokenPost

U.S. spot Bitcoin (BTC) exchange-traded funds recorded $1.07 billion in net withdrawals during the week ended Friday, extending their outflow total to $2.35 billion across two consecutive weeks. The latest weekly loss followed $1.28 billion in outflows the week before. About $1.71 billion left the funds since Nov. 5, and Friday marked their seventh consecutive trading session with net withdrawals. The funds recorded $185.4 million in net outflows Friday, below the $284.1 million on Thursday and $299.8 million on Wednesday.

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