🚨 BLACKROCK’S CRYPTO ETFs SEE $353M IN OUTFLOWS!
BlackRock’s Bitcoin and Ethereum ETFs reportedly recorded $353.3M in combined net outflows yesterday.
• $BTC ETFs: -$213.2M
• $ETH ETFs: -$140.1M
Across all U.S. spot Bitcoin and Ethereum ETFs, total net outflows reached $385.6M.
That means BlackRock accounted for nearly 92% of the combined outflows.
Institutional selling pressure is still there, but ETF outflows don’t necessarily mean investors have given up on crypto.
Are institutions selling near the bottom, or is more downside coming? 👀
#Bitcoin #Ethereum
BlackRock’s Bitcoin and Ethereum ETFs reportedly recorded $353.3M in combined net outflows yesterday.
• $BTC ETFs: -$213.2M
• $ETH ETFs: -$140.1M
Across all U.S. spot Bitcoin and Ethereum ETFs, total net outflows reached $385.6M.
That means BlackRock accounted for nearly 92% of the combined outflows.
Institutional selling pressure is still there, but ETF outflows don’t necessarily mean investors have given up on crypto.
Are institutions selling near the bottom, or is more downside coming? 👀
#Bitcoin #Ethereum
