Markets· ★★★★· bearish·

US crypto ETFs see $251M outflow as BTC, ETH, SOL and ZEC all bleed

  • —BTC ETFs: $148.7M outflow after $66.2M inflow a day earlier
  • —ETH ETFs: $59.6M outflow, a second straight day of losses
  • —SOL ETFs: $12.5M out; ZEC ETF ZCSH hit a record $30.2M outflow
  • —BTC trades near $84,203, ETH at $2,712, ZEC at $1,437
Why it matters: The outflows point to fading institutional demand after bitcoin's pullback from $85,000.
Source: Blockmedia