Crypto ETF News: Bitcoin and Ethereum ETFs Bleed $244 Million
The post Crypto ETF News: Bitcoin and Ethereum ETFs Bleed $244 Million appeared on BitcoinEthereumNews.com. The post Crypto ETF News: Bitcoin and Ethereum ETFs Bleed $244 Million appeared first on Coinpedia Fintech News On September 23, both spot Bitcoin and Ethereum ETFs recorded a second straight day of net outflows. Data from SoSoValue shows Bitcoin ETFs lost $103.61 million, while Ethereum ETFs saw outflows of $140.75 million. Bitcoin ETF Breakdown Bitcoin ETFs posted a total outflow of $103.61 million. Fidelity’s FBTC led withdrawals at $75.56 million. Ark & 21Shares’ ARKB followed with $27.85 million, and Bitwise’s BITB shed $12.76 million. Only two products managed to attract inflows. Invesco’s BTCO added $10.02 million, while BlackRock’s IBIT brought in $2.54 million. Trading activity in Bitcoin ETFs reached $3.16 billion, with total net assets of $147.17 billion, representing about 6.6% of Bitcoin’s market cap. This reflected a decline from the prior day. Ethereum ETF Breakdown Ethereum ETFs recorded heavier outflows at $140.75 million. Fidelity’s FETH led selling pressure with $63.40 million. Grayscale’s ETH fund withdrew $36.37 million, followed by Bitwise’s ETHW at $23.88 million and Grayscale’s ETHE at $17.10 million. None of the nine Ethereum ETFs reported inflows. Total trading volume dropped to $1.61 billion, while net assets fell to $27.48 billion, equal to 5.45% of Ethereum’s market cap. Source: SoSoValue .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Crypto Market Update LIVE : Federal Reserve News, Nvidia Stock, Bitcoin Price Today, Trump UN Speech , ASTER Coin , Market Context Bitcoin is trading at around $112,348, signalling a 3.4% drop compared to a week ago. Its market cap is also experiencing a dip, and fell to $2.238…
The post Crypto ETF News: Bitcoin and Ethereum ETFs Bleed $244 Million appeared on BitcoinEthereumNews.com.
The post Crypto ETF News: Bitcoin and Ethereum ETFs Bleed $244 Million appeared first on Coinpedia Fintech News On September 23, both spot Bitcoin and Ethereum ETFs recorded a second straight day of net outflows. Data from SoSoValue shows Bitcoin ETFs lost $103.61 million, while Ethereum ETFs saw outflows of $140.75 million. Bitcoin ETF Breakdown Bitcoin ETFs posted a total outflow of $103.61 million. Fidelity’s FBTC led withdrawals at $75.56 million. Ark & 21Shares’ ARKB followed with $27.85 million, and Bitwise’s BITB shed $12.76 million. Only two products managed to attract inflows. Invesco’s BTCO added $10.02 million, while BlackRock’s IBIT brought in $2.54 million. Trading activity in Bitcoin ETFs reached $3.16 billion, with total net assets of $147.17 billion, representing about 6.6% of Bitcoin’s market cap. This reflected a decline from the prior day. Ethereum ETF Breakdown Ethereum ETFs recorded heavier outflows at $140.75 million. Fidelity’s FETH led selling pressure with $63.40 million. Grayscale’s ETH fund withdrew $36.37 million, followed by Bitwise’s ETHW at $23.88 million and Grayscale’s ETHE at $17.10 million. None of the nine Ethereum ETFs reported inflows. Total trading volume dropped to $1.61 billion, while net assets fell to $27.48 billion, equal to 5.45% of Ethereum’s market cap. Source: SoSoValue .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Crypto Market Update LIVE : Federal Reserve News, Nvidia Stock, Bitcoin Price Today, Trump UN Speech , ASTER Coin , Market Context Bitcoin is trading at around $112,348, signalling a 3.4% drop compared to a week ago. Its market cap is also experiencing a dip, and fell to $2.238…
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