Global Equity Funds See $266 Billion Inflows Over Four Weeks as Bitcoin ETFs Face Outflows

TechFlow reports, November 10: According to BeInCrypto, data from the Kobeissi Letter showed that global equity funds attracted $266 billion in inflows over the past four weeks, setting a record for the comparable period; inflows last week reached $89 billion, with U.S. equity funds taking in $32 billion.

Meanwhile, U.S. spot Bitcoin ETFs saw net outflows of $1.28 billion during the week of November 2 to November 6. The report noted that Bitcoin failed to follow the recent Nasdaq rebound, while expectations of a December rate hike by the Federal Reserve also posed potential pressure.

Source: TechFlow