Global cryptocurrency exchange-traded funds (ETFs) recorded net outflows of US$2.95 billion in November amid market volatility, according to ETF data specialist ETFGI.
ETFGI's latest research highlights a tough month for crypto ETFs listed worldwide, with investors withdrawing a net US$2.95 billion. This marks a cautious shift in sentiment within the volatile digital asset market, though specific triggers were not outlined in the report.
The outflows underscore ongoing fluctuations in crypto investment products. ETFGI LLP continues to track global ETF flows, providing key insights into sector performance.