Bitcoin ETFs Shed $65.4M as Ether Outflows Reach 10 Sessions
U.S. bitcoin ETFs recorded $65.4 million in net outflows as the week began, while ether funds posted their tenth consecutive session of withdrawals.
U.S. cryptocurrency exchange-traded funds began the week with further withdrawals, extending the selling pressure seen at the end of the previous week.
Bitcoin funds registered net outflows of $65.4 million, according to Bitcoin.com News. Ether ETFs also lost assets, marking 10 consecutive trading sessions of net withdrawals.
The outlet’s headline attributed a leading role to BlackRock in $150 million of bitcoin and ether ETF selling. The supplied report excerpt did not provide a fund-by-fund breakdown or specify ether’s total net outflows.
Source: Bitcoin.com News
