$BTC and $ETH ETFs Shed $1.56B In Two Weeks
US spot Bitcoin and Ether ETFs have recorded combined outflows of $1.56 billion in just two weeks.
Bitcoin ETFs lost $681M last week and $151M this week.
Ether ETFs lost $542M last week and $190M this week.
Total outflow in 14 days is $1.56B.
Reason is Bitcoin fell below $82,000, Treasury yields hit 5.36 percent, and institutional investors are reducing risk.
XRP ETFs are the only funds still seeing inflows.
Is this a buying opportunity or more selling to come?
#BitcoinAndEtherETFsShed1_56BInTwoWeeks #bitcoin #Ethereum✅ #ETFs #CryptoNewss
#BitcoinAndEtherETFsShed$1.56BInTwoWeeks
US spot Bitcoin and Ether ETFs have recorded combined outflows of $1.56 billion in just two weeks.
Bitcoin ETFs lost $681M last week and $151M this week.
Ether ETFs lost $542M last week and $190M this week.
Total outflow in 14 days is $1.56B.
Reason is Bitcoin fell below $82,000, Treasury yields hit 5.36 percent, and institutional investors are reducing risk.
XRP ETFs are the only funds still seeing inflows.
Is this a buying opportunity or more selling to come?
#BitcoinAndEtherETFsShed1_56BInTwoWeeks #bitcoin #Ethereum✅ #ETFs #CryptoNewss
#BitcoinAndEtherETFsShed$1.56BInTwoWeeks