Bitcoin and Ether ETFs Lose $549M as October ETH Outflows Approach $1B
Edited by Steinar Vigdel Kolnes, Editor, Oslo
US spot Ether ETFs have posted roughly $955 million in net outflows so far in October, while Bitcoin funds have seen withdrawals for two consecutive weeks.
Bitcoin and Ether exchange-traded funds recorded combined outflows of $549 million, according to Cointelegraph.
Net withdrawals from US spot Ether ETFs have reached about $955 million so far in October, putting the month's total close to $1 billion.
Bitcoin funds also remained under pressure, recording a second consecutive week of net withdrawals. The figures show investors pulling money from ETF products tied to both cryptocurrencies.
Source: Cointelegraph
