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CryptoUpdated November 3

US spot Bitcoin funds post nearly $399 million in net outflows.

US spot Bitcoin funds started November with nearly $399 million in net outflows on Monday. BlackRock’s IBIT alone shed $405.3 million—more than the net total for all the funds. Flows into other funds offset part of IBIT’s outflow, leaving the combined figure lower than its single-fund total. Cointelegraph reported that IBIT’s outflow was its largest since June.

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Coverage started November 3

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