Bitcoin ETFs in Red for 6 Weeks in a Row Amid Major Filings From Franklin Templeton
📉 Bitcoin ETFs faced significant net outflows, totaling $226.84 million for the week, marking the sixth consecutive week in the red.
💔 Ethereum ETFs also struggled, experiencing a similar trend with a total net outflow of $10.05 million, continuing a six-week streak of losses.
📈 Despite the downturn, Franklin Templeton filed for innovative ETFs that will invest in US stocks and use dividends to purchase Bitcoin, signaling potential future interest in the crypto market.
