Bitcoin ETFs see 5,353 BTC outflow, Ethereum ETFs 51,443 ETH in a day
- —Daily bitcoin ETF outflow: 5,353 BTC worth $405.45 million
- —Daily Ethereum ETF outflow: 51,443 ETH worth $123.48 million
- —Weekly BTC ETF outflow: 9,908 BTC worth $750.42 million
- —Weekly ETH ETF inflow: 34,334 ETH worth $82.42 million
Why it matters: Continued outflows from bitcoin funds add pressure on the BTC price, while the weekly inflow into ETH ETFs points to a divergence in demand.
Source: PANews