Global equity funds record $266 billion in inflows over four weeks, Bitcoin ETF capital outflows

On November 10, according to BeInCrypto, that Kobeissi Letter data shows global equity funds attracted $266 billion in inflows over the past four weeks, setting a record for the period; last week saw $89 billion in inflows, including $32 billion for US equity funds.

Meanwhile, US spot Bitcoin ETFs recorded net outflows of $1.28 billion during the week of November 2 to 6. The report noted that Bitcoin failed to follow the recent Nasdaq rally, and expectations of a Federal Reserve rate hike in December also pose potential pressure.