Bitcoin ETFs Experience Significant Outflow of $170 Million
- Bitcoin exchange-traded funds (ETFs) faced a net outflow of $170 million.
- Major withdrawals were led by Fidelity and Ark 21shares.
- The outflow occurred on Wednesday, April 16.
- Ether ETFs experienced their seventh consecutive day of outflows.
On April 16, Bitcoin ETFs saw a significant net outflow of $170 million, primarily due to major withdrawals from Fidelity and Ark 21shares. Meanwhile, Ether ETFs continued their downward trend with seven straight days of outflows.
Source (2.6)https://news.bitcoin.com/bitcoin-etfs-plunge-back-into-red-with-170-million-exit/?rand=52384
