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ETF Outflow Streak Intensifies: BTC ETF Hits 7th Day, ETH ETF Displays 2nd “0” Day This Week!

DATE POSTED:September 6, 2024

The post ETF Outflow Streak Intensifies: BTC ETF Hits 7th Day, ETH ETF Displays 2nd “0” Day This Week! appeared first on Coinpedia Fintech News

On 05th September, 7 out of 11 Bitcoin ETFs recorded a neutral flow. On the other hand, 4 ETFs have recorded an outflow with Fidelity’s “FBTC” experiencing the highest outflow with $149.5 Million. With this, the total flow for Bitcoin ETF concluded at -$211.1 Million. Following this, Ethereum ETF witnesses a similar fate recording an outflow for 5th consecutive day. Notably, over the past day Grayscale’s “ETH” has added $7.2 Million. However, Grayscale’s “ETHE” has dropped $7.4 Million. With this, Ethereum concluded the day with a flow of -$0.2 Million.