Global Equity Funds Draw Record $266B in Four Weeks as Bitcoin ETFs See Outflows

Cointime reports: Global equity funds attracted $266 billion over the past four weeks, a record for the period, with $89 billion flowing in last week and $32 billion into US equity funds. Over the same stretch, US spot bitcoin ETFs posted $1.28 billion in net outflows in the week of Nov. 2-6. Bitcoin has not tracked the recent Nasdaq rebound, with expectations of a December Fed rate hike weighing on it.