Bitcoin ETFs shed $90M as BTC sits 32% below year-old ATH

Share

US Bitcoin ETFs recorded $90 million in net outflows, bringing the cumulative decline in net inflows from their peak down 5.8%, from $61.3 billion to $57.7 billion. Ether ETFs extended their losing streak to five consecutive trading days with $51 million in net outflows on Monday, totaling $206 million over this period. Cumulative net inflows for Ether ETFs stand at $13.8 billion. Other cryptocurrency ETFs also showed weakness, with outflows of $9.3 million for Solana and $3.6 million for Zcash, while XRP ETFs saw no net flows.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
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.

Read More

Items