Spot Bitcoin and Ethereum ETFs See $347M Net Outflow
- Total net outflow from U.S.-based Bitcoin and Ethereum spot funds reached $347 million.
- The segment of Bitcoin-based crypto funds reported a net outflow of $275.8 million.
- Ethereum ETFs recorded a withdrawal of $71.1 million over the past day.
- BlackRock’s fund led in lost capital with an outflow of $189 million.
- BlackRock’s ETHA ETF saw withdrawals totaling around $26.1 million.
The cryptocurrency market experienced significant capital movement with a combined net outflow of $347 million from U.S.-based Bitcoin and Ethereum spot funds, highlighting ongoing volatility in the sector.
Source (2.6)https://hodl.press/spot-bitcoin-and-ethereum-etfs-see-347m-net-outflow/?rand=24434
