Bitcoin ETFs outflows extended to eight days with another outflow of $276 million, while ether ETFs saw $71 million in outflows. Sustained Withdrawals See More Losses for Bitcoin and Ether ETFs Crypto exchange-traded funds (ETFs) continue to face significant challenges as both bitcoin and ether ETFs experience persistent outflows. Bitcoin ETFs have now endured an […] Original
Spot Bitcoin exchange-traded funds in the United States continued their outflow streak on Feb. 27 as Bitcoin tumbled under $80k, driving a risk-off sentiment across the broader crypto market. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $275.83 million in net outflows on Tuesday, extending their negative flow streak to eight consecutive days, during which over $3.2 billion exited the funds. Within this period, BlackRock’s IBIT experienced its highest outflow day on Feb. 26, with $418.06 million in net redemptions. This came just a day after the…
The crypto market continues to face significant challenges with bitcoin ETFs experiencing a seventh consecutive day of outflows, totaling $755 million on Wednesday, Feb. 26. Ether ETFs also saw their fifth straight day of outflows, amounting to $94 million. Sustained Outflows As Bitcoin and Ether ETFs Face Continued Investor Pullback Investor sentiment remained bearish as […] Original
Spot Bitcoin ETFs in the United States recorded their seventh consecutive day of outflows on Feb. 26, with BlackRock’s IBIT seeing its highest single-day withdrawals since launch. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $754.53 million in net outflows on Wednesday, following the $1.14 billion net redemptions seen the previous day. BlackRock’s IBIT led the outflows, with $418.06 million exiting the fund, marking its highest net outflow day post-launch. Fidelity’s FBTC followed, with $145.69 million in outflows, extending its streak to seven consecutive days of redemptions.…
The price of bitcoin (BTC) dropped south of $84,000 as spot bitcoin exchange-traded funds (ETFs) posted record outflows. As of 2:30 p.m. (ET), the leading crypto asset is hanging below the $85,000 range at $84,378. ETF Exodus Weighs on Bitcoin, Price Slips Below $88K Bitcoin fell to a 3-month low over the last day, and […] Original
Bitcoin exchange-traded funds (ETFs) faced a massive $1 billion outflow on Feb. 25, marking the largest single-day withdrawal since their inception. Ether ETFs also experienced a significant net outflow of $50 million. Historic Withdrawal Sees Bitcoin ETFs Lose $1 Billion in a Day With Ether ETFs Down $50 Million On Tuesday, Feb. 25, U.S. spot […] Original
Spot Bitcoin exchange-traded funds in the U.S. recorded their highest daily outflows yesterday as Bitcoin dropped below $90,000, triggering a risk-off sentiment among investors amid growing macroeconomic concerns. According to data from SoSoValue, the 12 spot Bitcoin (BTC) ETFs saw a total of $937.78 million in net outflows on Feb. 25—their highest single-day outflow since launch—significantly surpassing the previous record of $680 million in net outflows on Dec. 19, 2024. The majority of outflows came from Fidelity’s FBTC, which saw $344.65 million exit the fund, marking its highest daily outflow…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As institutions pivot to Ethereum ETFs, Lightchain AI creates a buzz with a $16.8m presale and real-world utility. As institutional investors adjust their portfolios, Bitcoin ETFs are becoming less appealing, while Ethereum ETFs are gaining significant traction. This shift signals a change in market sentiment, with Ethereum’s upgrades, scalability improvements, and real-world utility leading the charge. However, there’s another altcoin gaining attention — Lightchain AI. With its presale raising…
The crypto market faced notable withdrawals on Feb. 24, with bitcoin ETFs experiencing a net outflow of $516 million and ether ETFs shedding $78 million. Major funds, including Fidelity’s FBTC and Blackrock’s IBIT, led the downturn, reflecting a negative sentiment among investors. Crypto ETFs Face Significant Withdrawals as Bitcoin and Ethereum Funds Decline Investor sentiment […] Original
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The crypto market is evolving as Bitcoin ETFs gain traction, while emerging projects like Yeti Ouro enter new development stages, offering exciting growth potential. The cryptocurrency market is experiencing a mixed landscape as we approach the end of February 2025. Spot Bitcoin ETFs, have made their debut just over a year ago, meanwhile, emerging projects like Yeti Ouro (YETIO) are gaining traction and entering new stages of development. Bitcoin…