BITCOIN & ETHEREUM: CRYPTO ETF LANDSCAPE
Crypto ETFs lost $2.16 billion in net outflows over the past week, driven by demand for Bitcoin $BTC ETFs, which lost $1.82 billion and pushed total AUM to $106.9 billion. Ethereum $ETH ETFs also saw impactful outflows of $346.1 million, with AUM reaching $13.83 billion.
BlackRock led all issuers with $1.02 billion in combined outflows, also Grayscale continued to see outflows, losing over $104.4 millions. Fidelity, Bitwise and ARK - all posted negative Bitcoin flows. #crypto #cryptonews #cryptocurrency #blockchain #web3