Bitcoin and Ether ETFs Extend Multi-Day Outflow Streaks
Bitcoin and ether exchange-traded funds (ETFs) continued their trend of withdrawals, recording a combined $670 million in outflows. This marks several consecutive days of investors pulling funds from these popular cryptocurrency ETFs.
Despite the heavy exits in bitcoin and ether ETFs, Solana demonstrated resilience by attracting a $12 million inflow. This suggests that investor interest in some alternative cryptocurrencies remains strong amid broader market shifts.
Meanwhile, newly launched XRP ETFs made a striking debut, capturing attention with their initial market performance. The introduction of these ETFs adds new options for investors seeking exposure to digital assets.
Friday’s ETF trading session was notably marked by significant exits from bitcoin and ether ETFs, reflecting ongoing investor caution in these key segments of the crypto market.
https://news.bitcoin.com/etf-flows-stay-red-for-bitcoin-and-ether-as-solanas-inflow-run-continues/
