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🚨 Crypto Spot ETFs Lose $1.25B Combined Last Week!
The crypto ETF market witnessed significant outflows last week, marking a major shift in institutional sentiment across Bitcoin, Ethereum, and Solana.
Here are the key takeaways from SoSoValue and NS3.AI data:
📉 Spot Ether ETFs: Lost $542.1 million last week, extending their outflow streak to 9 consecutive trading days.
👉 BlackRock's ETHA accounted for ~88% of weekly Ether ETF outflows.
📉 Spot Bitcoin ETFs: Shed $681.1 million, snapping a 3-week streak of consecutive inflows.
📉 Spot Solana ETFs: Saw $24.8 million in outflows, ending a record-breaking 14-week inflow streak.
💥 Total Impact: Combined weekly losses across all three categories totaled ~$1.25 billion.
💬 Is this just a short-term market correction, or are we heading toward further consolidation? Share your thoughts in the comments below! 👇
#CryptoNews #bitcoin #Ethereum! #Solana $BTC
#MarketUpdate
🚨 Crypto Spot ETFs Lose $1.25B Combined Last Week!
The crypto ETF market witnessed significant outflows last week, marking a major shift in institutional sentiment across Bitcoin, Ethereum, and Solana.
Here are the key takeaways from SoSoValue and NS3.AI data:
📉 Spot Ether ETFs: Lost $542.1 million last week, extending their outflow streak to 9 consecutive trading days.
👉 BlackRock's ETHA accounted for ~88% of weekly Ether ETF outflows.
📉 Spot Bitcoin ETFs: Shed $681.1 million, snapping a 3-week streak of consecutive inflows.
📉 Spot Solana ETFs: Saw $24.8 million in outflows, ending a record-breaking 14-week inflow streak.
💥 Total Impact: Combined weekly losses across all three categories totaled ~$1.25 billion.
💬 Is this just a short-term market correction, or are we heading toward further consolidation? Share your thoughts in the comments below! 👇
#CryptoNews #bitcoin #Ethereum! #Solana $BTC
#MarketUpdate