Bitcoin ETFs See $263.95M Outflow While Ethereum ETFs Gain $35.7M

The post Bitcoin ETFs See $263.95M Outflow While Ethereum ETFs Gain $35.7M appeared first on Coinpedia Fintech News

On November 27, Bitcoin ETFs registered a net outflow of 2,756 $BTC ($263.95M), with Grayscale (GBTC) leading the losses, shedding 1,677 $BTC ($160.63M). Grayscale now holds 215,941 $BTC (~$20.68B). On the other hand, Ethereum ETFs posted a net inflow of 10,067 $ETH ($35.7M). BlackRock drove the gains with a 15,146 $ETH ($53.7M) inflow, boosting its holdings to 625,576 $ETH (~$2.22B). The contrasting trends reflect diverging sentiment in institutional demand for BTC and ETH.