On Friday, after a challenging Thursday with losses, the 12 spot bitcoin exchange-traded funds (ETFs) experienced another decline. In addition, nine spot bitcoin ETFs also didn’t perform well, ending the
day in the negative. Furthermore, Bitcoin and Ether ETFs, managed by companies such as Fidelity, Grayscale, Valkyrie, Bitwise, Ark Invest, and Vaneck, were all hit with $430M in outflows on November 15th.
