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On the eve of the US presidential election, Bitcoin ETF set the largest single-day net outflow record.
As the market prepares to welcome election day, the US exchange-traded fund (ETF) for trading bitcoin set a new record for the largest single-day net outflow to date. Data shows that 12 bitcoin ETFs managed by Blackrock and Fidelity Investments and other companies had a net outflow of $0.5795 billion on Monday. As funds flow out, digital asset traders are preparing for a period of increased volatility after the US presidential election. The competition between Republican candidate Donald Trump and Democratic opponent Kamala Harris seems to have entered its final stage, with investors in various asset classes preparing for market turbulence. During the election campaign, Trump
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