📉 Bitcoin $BTC ETF just saw $120 million withdrawn in trading on Wednesday, doubling the losses from Tuesday.
This is the second consecutive session of outflows from Bitcoin funds, while the Ether ($ETH ) $XRP and Solana funds, in contrast, are pulling in money.
Why is this notable?
Cash is shifting out of Bitcoin and into major altcoins in the short term, even though most other digital-asset funds are in the green.
In simple terms:
Investors are trimming their Bitcoin fund holdings and moving capital to Ether, XRP, and Solana.
#CryptoNews
🔗 Source: CoinDesk
⚠️ Information is for reference only and not investment advice. Please do your own research before deciding (DYOR).
This is the second consecutive session of outflows from Bitcoin funds, while the Ether ($ETH ) $XRP and Solana funds, in contrast, are pulling in money.
Why is this notable?
Cash is shifting out of Bitcoin and into major altcoins in the short term, even though most other digital-asset funds are in the green.
In simple terms:
Investors are trimming their Bitcoin fund holdings and moving capital to Ether, XRP, and Solana.
#CryptoNews
🔗 Source: CoinDesk
⚠️ Information is for reference only and not investment advice. Please do your own research before deciding (DYOR).