BITCOIN & ETHEREUM ETFs SAW OUTFLOWS LAST WEEK! 📉
Spot $BTC and $ETH ETFs ended last week with combined net outflows of $548.55 million, a pullback in capital flowing through these investment products.
🔻 Bitcoin: $228.58M in net outflows
🔻 Ethereum: $319.97M in net outflows
Ethereum ETFs recorded the larger outflow, exceeding Bitcoin’s by $91.39 million. The figures point to weaker ETF demand over the week, although a single period of outflows does not establish a longer-term trend.
Track the flows! Read the sentiment!Follow the data! 🫳
#ETFs #CryptoNews
Spot $BTC and $ETH ETFs ended last week with combined net outflows of $548.55 million, a pullback in capital flowing through these investment products.
🔻 Bitcoin: $228.58M in net outflows
🔻 Ethereum: $319.97M in net outflows
Ethereum ETFs recorded the larger outflow, exceeding Bitcoin’s by $91.39 million. The figures point to weaker ETF demand over the week, although a single period of outflows does not establish a longer-term trend.
Track the flows! Read the sentiment!Follow the data! 🫳
#ETFs #CryptoNews