What Happened to Bitcoin and Ethereum ETFs During the Crucial Macro Week?

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During this week deemed one of the most important of the year for crypto markets, spot Bitcoin ETFs ended slightly in the green with $6.21 million in net flows, despite massive outflows of $450.33 million on Tuesday following the rejection of the CLARITY Act by the US Senate and $296 million on Wednesday after the Fed rate hike. Spot Ethereum ETFs broke their impressive streak of nine consecutive weeks in the green with $140 million in net outflows. Bitcoin’s price surged from $76,000 to over $80,000 on Friday, while Ethereum crossed above $2,600 before retreating due to escalating tensions in the Middle East.

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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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