Bitcoin ETFs recorded $390 million in net outflows last week, with Fidelity FBTC and BlackRock IBIT seeing the largest redemptions at $153.1 million and $129.1 million respectively. Ethereum ETFs also experienced $2.26 million in outflows, despite Grayscale ETH attracting $15.1 million in inflows. This trend contrasts with smaller altcoin ETFs, which mostly recorded inflows, with SOL leading at $10.26 million, followed by HYPE at $2.74 million and XRP at $2.25 million. Bitcoin’s price fell from around $64,000 to $63,256 while Ethereum dropped from $1,900 to $1,893, with the broader crypto market remaining in fear territory at 31.
Source: Read the original article

