crypto
Ethereum ETFs See Higher Outflows Than Bitcoin Funds Last Week
Source: Crypto.news
Ethereum ETFs experienced greater outflows last week compared to Bitcoin funds, with BlackRock's ETHA leading withdrawals.
Ethereum ETFs recorded higher outflows last week compared to Bitcoin funds, according to Crypto.news. The report highlights that Ethereum ETFs saw $320 million in withdrawals, surpassing the $228 million lost by Bitcoin funds during the same period. BlackRock's ETHA product was noted as a primary contributor to these Ethereum ETF outflows.
The outflows occurred as Bitcoin traded near the $81,238 mark. This development offers a snapshot of recent capital movements within the crypto exchange-traded fund landscape, providing context for investors tracking digital asset trends.
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