๐จ $520M JUST LEFT BITCOIN & ETHEREUM ETFs. ๐
U.S. spot crypto ETFs saw another heavy day of outflows:
โฟ Bitcoin ETFs โ -$295.98M
ฮ Ethereum ETFs โ -$224.11M
๐ธ Combined โ ~-$520M
The move came amid heightened risk-off sentiment following the CLARITY Act setback and the Fed's 25bps rate hike.
๐ป Ghost's Take
Two days. Two major shocks. Heavy ETF outflows.
Now watch whether institutional flows start coming back. ๐
$BTC $ETH #Bitcoin #Ethereum
U.S. spot crypto ETFs saw another heavy day of outflows:
โฟ Bitcoin ETFs โ -$295.98M
ฮ Ethereum ETFs โ -$224.11M
๐ธ Combined โ ~-$520M
The move came amid heightened risk-off sentiment following the CLARITY Act setback and the Fed's 25bps rate hike.
๐ป Ghost's Take
Two days. Two major shocks. Heavy ETF outflows.
Now watch whether institutional flows start coming back. ๐
$BTC $ETH #Bitcoin #Ethereum