Significant Outflows from Bitcoin and Ether ETFs
- Bitcoin ETFs saw net outflows of $38 million on March 5.
- Valkyrie’s BRRR ETF led the bitcoin withdrawals.
- Ether ETFs experienced larger outflows, totaling $63 million.
- Grayscale’s ETHE was a major contributor to ether ETF withdrawals.
On March 5, bitcoin and ether exchange-traded funds faced significant outflows, with bitcoin ETFs losing $38 million and ether ETFs experiencing even larger withdrawals of $63 million. Valkyrie’s BRRR and Grayscale’s ETHE were key players in these movements.
Source (2.6)https://news.bitcoin.com/bitcoin-etfs-witness-38-million-outflow-as-grayscale-withdrawals-hit-ether-etfs-hard/?rand=52384
