US spot bitcoin ETFs post $463 million outflow, ending three-week inflow streak
- —US bitcoin ETFs saw a weekly outflow of $463 million
- —Ethereum ETFs drew $197 million, a fourth straight week of inflows
- —Solana ETFs attracted $10.3 million, XRP ETFs $18.98 million
- —Brent rose 2.5% to $107.3 after attacks on a pipeline in Saudi Arabia
Why it matters: Bitcoin ETFs flipping to outflows amid rising oil prices and expectations of a Fed rate hike adds pressure on the crypto market.
Source: Coin Türk