Bitcoin ETF Weekly Outflows Hit 3-Month High, Ethereum Funds Extend Losing Streak

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Spot Bitcoin ETFs recorded $681.10 million in net outflows this week, the highest since the last full week of June when $1.79 billion was withdrawn. Cumulative total net inflows for Bitcoin ETFs dropped from $57.79 billion to $57.11 billion. Spot Ethereum ETFs experienced five consecutive red days with no positive days, with cumulative net totals declining from $13.95 billion to $13.26 billion. The funds haven’t been in the green since September 28. Bitcoin’s price plunged to a 2-week low of $80,400, while Ethereum now trades above $2,500.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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