🚨 BREAKING: Bitcoin & Ethereum ETFs See Major Outflows
U.S. spot Bitcoin ETFs recorded a $148.69 million net outflow on September 30, ending a nine-session streak of net inflows. BlackRock’s IBIT saw approximately $9.48 million in outflows, while Fidelity’s FBTC recorded the largest outflow at about $125.58 million. �
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Meanwhile, Ethereum ETFs posted a $59.58 million net outflow, marking their second consecutive session of withdrawals. Fidelity’s FETH accounted for about $26.6 million, while Grayscale’s ETH products also saw significant outflows. �
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📉 Key Takeaway:
The latest ETF-flow data shows a short-term reduction in institutional ETF demand for BTC and ETH. ETF flows can change quickly and do not, by themselves, determine future price movements.
⚠️ Disclaimer: This post is for informational purposes only and is not financial or investment advice. Crypto assets are volatile and involve significant risk. �
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