Bitcoin price at $78,443: BlackRock vs Fidelity in October's ETF tally

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Analysis: US spot bitcoin ETFs ended October with net outflows of $515.0 million, even though the month was still in positive territory before its final trading day. Behind the total lies a rotation between providers, and for German investors it raises a tax question.Add as a preferred source on GoogleFollow on Google NewsWhat the data shows: US spot bitcoin ETFs ended October with net outflows of $515.0 million, even though the month was still $128.3 million in positive territory before its final trading day. Our assessment follows further down: the monthly figure describes a rotation between providers, not a flight from the asset class. Bitcoin is trading at $78,443 on Monday morning. That is 0.91 percent higher than 24 hours earlier, measured on Monday, November 2, at 05:52 on CoinGecko. The range over the past 24 hours runs from $77,616 to $78,733, with trading volume at $78.1 billion. Where the bitcoin price stands on Monday morning Today is the first trading day of Novembe...