Crypto
Bitcoin ETFs Lose Nearly $400 Million as Ethereum Sees Minor Outflow
US spot Bitcoin ETFs experienced a significant outflow last week, losing $389.71 million in assets, according to recent data. This marks the largest outflow in six weeks and reverses the previous week's inflow of $853.54 million.
Ethereum ETFs also saw a relatively small outflow of $2.26 million, breaking a five-week streak of inflows.
Despite these shifts, Bitcoin's price remained stable near $63,000, suggesting that the moves may be tactical repositioning by institutional investors rather than a fundamental market change.