On February 11, substantial net outflows occurred in cryptocurrency spot ETFs, with Bitcoin ETFs seeing $276 million withdrawn and Ethereum ETFs losing $129 million. Fidelity's Bitcoin ETF (FBTC) and Ethereum ETF (FETH) experienced the largest individual fund withdrawals of $92.59 million and $67.09 million respectively. These outflows suggest a notable shift in investor sentiment away from these popular crypto investment vehicles.
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Massive Outflows Hit Bitcoin and Ethereum Spot ETFs Led by Fidelity Funds
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BTC
65,827.46
-2.64%
ETH
1,934.17
-0.88%