Ether ETFs Attract $15 Million Amid Continued Bitcoin ETF Withdrawals
- Bitcoin ETFs experienced net outflows totaling $143 million.
- Fidelity’s FBTC and Ark 21Shares’ ARKB were major contributors to Bitcoin ETF declines.
- Ether ETFs saw a net inflow of $15 million, ending an eight-day outflow streak.
- The inflow into Ether ETFs was primarily driven by Fidelity’s FETH.
Bitcoin ETFs faced significant net outflows of $143 million, with major funds like Fidelity’s FBTC and Ark 21Shares’ ARKB leading the declines. In contrast, Ether ETFs broke their eight-day outflow trend by attracting a $15 million net inflow, mainly due to Fidelity’s FETH.
Source (2.6)https://news.bitcoin.com/ether-etfs-break-8-day-outflow-trend-with-15-million-inflow-as-withdrawals-continue-for-bitcoin-etfs/?rand=52384
