$81 Million Vanishes from Bitcoin ETFs Halting Winning Streak
The world of exchange-traded funds, particularly those tracking cryptocurrencies like bitcoin and ethereum, has shown significant movements that offer insights into the broader market sentiment and institutional strategies This week saw a notable $81+ million outflow from bitcoin ETFs, with BlackRock's IBIT and Franklin's EZBC being the sole recipients of inflows, highlighting a nuanced ripple in the crypto ETF markets On the flip side, spot ethereum ETFs continued their positive streak, drawing fresh capital amidst varying degrees of enthusiasm and skepticism across different quarters of the investment community bitcoin ETF Outflows Surge The landscape of spot bitcoin exchange-traded funds experienced a marked $81 36 million drain, snapping a brief interlude of positive inflows...
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