BITCOIN ETFS LOSE $3.5B IN NOVEMBER; IS THE MARKET BRACING FOR MORE BTC DOWNSIDE?
According to SoSoValue data, the 12 spot Bitcoin ETFs have seen $22.45 million in net outflows so far this week, following three straight weeks of outflows exceeding $1.1 billion each. This brings total November outflows to $3.57 billion, a sharp reversal from the strong gains recorded in the previous two months, when inflows reached $3.53…