UPDATE: Spot Ethereum ETFs see $225M outflows as Bitcoin funds break slide
CIE News ·
Update to UPDATE: US spot Bitcoin ETFs finish week with $301M in net inflows
Based on reporting by crypto.news; not yet independently confirmed.
U.S. spot Ethereum ETFs recorded roughly $225 million in net outflows over five sessions, while spot Bitcoin ETFs ended a two-week losing streak with adjusted net inflows of up to $442.7 million.
U.S. spot Ethereum (ETH) ETFs logged approximately $225 million in net outflows over a recent five-session stretch, leaving month-to-date flows negative despite isolated additions to BlackRock's ETHA and Fidelity's FETH. As previously reported when weekly Bitcoin (BTC) fund inflows were estimated at $301 million, updated data shows spot Bitcoin ETFs actually secured between $301.2 million and $442.7 million in net additions over the same period. The positive five-day result broke a two-week losing run for Bitcoin funds, surviving late-period profit-taking that hit BlackRock's IBIT, Fidelity's FBTC, and ARK 21Shares' ARKB.
Key facts
- $225M ETH ETF net outflows
- $301.2M-$442.7M BTC ETF inflows
- Two-week losing streak ended
- ETH month-to-date flows negative
Read the original at crypto.news