Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Stock ETF buyers pounce on dip as Bitcoin funds bleed $1.6 billion

Stock ETF buyers pounce on dip as Bitcoin funds bleed $1.6 billion

US spot Bitcoin ETFs experienced a net outflow of $1.6 billion in November, while stock funds attracted billions of dollars from investors buying the dip. Bitcoin ETF outflows eased for the third consecutive session, while stock funds accounted for all 17 of the top US-listed ETFs by inflows over five trading sessions, with all of them investing in equities. Bitcoin's price dropped to $73,998, marking a 1% decrease over the past 24 hours and a 5.2% decline over the past week.

Brief written by urgent.news from Cointelegraph's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at cointelegraph.com →

More in Finance & Markets

Man arrested over theft of watch worth 46 mil. yen in Tokyo

TOKYO (Kyodo) -- A man in his 30s was arrested Wednesday on suspicion of stealing a luxury watch worth about 46 million yen ($290,000) from a shop in

  • 30-year-old man arrested for luxury watch theft in Tokyo.
  • 46 million yen ($290,000) Audemars Piguet watch stolen.
  • Watch returned via courier from Aichi Prefecture, 3 days later.

More from Wednesday 11 November →