Bitcoin ETFs Experience Significant Outflows in Late February
- Bitcoin funds saw outflows totaling $2.61 billion during the week of Feb. 24 to 28.
- Ether funds experienced a loss of $335.35 million in the same period.
- A record single-day withdrawal of $1 billion from bitcoin ETFs occurred on Feb. 26.
The week of Feb. 24 to 28 marked a challenging period for crypto ETFs, with bitcoin funds losing $2.61 billion and ether funds facing outflows of $335.35 million, highlighting a bearish market sentiment.
Source (2.6)https://news.bitcoin.com/etf-weekly-recap-bitcoin-etfs-face-third-week-of-outflows-losing-2-61-billion/?rand=52384
