Bitcoin and Ether ETFs Face Continued Outflows
- Bitcoin ETFs experienced a fifth consecutive day of outflows.
- Total Bitcoin ETF outflows amounted to $127 million.
- Blackrock’s IBIT was a significant contributor to these outflows.
- Ether ETFs saw $11.19 million exit the market.
- Total net assets for Ether ETFs fell below the $6 billion mark.
The recent trend in Bitcoin ETFs continued with a $127 million exit, heavily influenced by Blackrock’s IBIT. Meanwhile, Ether ETFs also faced withdrawals totaling $11.19 million, further reducing their net asset value below $6 billion.
Source (2.6)https://news.bitcoin.com/bitcoin-etfs-extend-outflow-streak-to-five-days-with-127-million-exit/?rand=52384
