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Crypto & Bitcoin

U.S. Bitcoin and Ether ETFs Extend Seven-Day Net Outflows

Reported by Enna Lee, TokenPost

Image: TokenPost

U.S. spot Bitcoin and Ether exchange-traded funds recorded another day of net outflows Tuesday, extending a seven-day withdrawal streak across both products. Bitcoin ETFs posted a net outflow of 788 BTC for the day, bringing their seven-day net outflow to 8,267 BTC. Ether ETFs recorded a larger withdrawal in token terms, with 29,926 ETH leaving the funds during the same daily period. Ether ETF net outflows over seven days totaled 217,087 ETH. The figures show continued net withdrawals from U.S. spot Bitcoin and Ether ETFs. Enna Lee reports on investing and digital-asset markets for TokenPost.

This is an excerpt. The reporting belongs to TokenPost.

Read the full report on tokenpost.com
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