The post Bitcoin ETFs See $6.5M Outflow as Ethereum ETFs Lose $8.32M in Net Outflows appeared on BitcoinEthereumNews.com.

Bitcoin ETF As the Bitcoin price witnesses a minor correction, dropping back to the crucial levels of $60,000, the Bitcoin ETF market witnesses a slight increase in net outflows. From the 10 Bitcoin ETFs, the total outflow on October 9 accounted for 105 BTC worth 6.5 million, with Fidelity’s FBTC leading the way with 787 BTC worth 48.55 million. Currently, Fidelity holds 178,778 BTC worth $11 billion. Meanwhile, the Ethereum spot ETFs lost 3,442 ETH in the outflow worth $8.32 million, leading the way on the Ethereum front. The Bitwise Ethereum ETF faced the largest outflow of 1,865 ETH worth $4.53 million. We’d Love to Hear Your Thoughts on This Article! Was this writing helpful? Yes ( Loading ) No ( Loading ) Source: https://coinpedia.org/crypto-live-news/bitcoin-etfs-see-6-5m-outflow-as-ethereum-etfs-lose-8-32m-in-net-outflows/

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Filed under: News - @ October 10, 2024 5:28 am