Bitcoin ETFs Experience Significant Outflows While Ether ETFs Show Modest Gains
- Bitcoin ETFs recorded a $65 million outflow on Friday.
- No offsetting inflows were reported for Bitcoin ETFs.
- The outflows were primarily led by exits from GBTC, ARKB, and BITB.
- Ether ETFs saw a small inflow of $2 million.
- This inflow for Ether broke its multi-day outflow trend.
On Friday, Bitcoin ETFs experienced a substantial $65 million outflow with no inflows to counterbalance, driven by significant exits from GBTC, ARKB, and BITB. In contrast, Ether ETFs managed to break their losing streak with an inflow of $2 million.
Source (2.6)https://news.bitcoin.com/bitcoin-etfs-log-65-million-outflow-with-zero-inflows-ether-etfs-break-losing-streak/?rand=52384
