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Crypto

Bitcoin ETFs Reversal: $61M Outflows After Small Inflow

Guavy AI Editorial Team
Instruments
BTC ETH
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Bitcoin Exchange-Traded Funds (ETFs) witnessed $61.16 million in net outflows on Wednesday, largely driven by substantial withdrawals from Fidelity's FBTC and Blackrock's IBIT funds.

This sudden reversal marks a shift from the previous day's small inflow and highlights ongoing volatility in Bitcoin ETF demand.

Meanwhile, Ether ETFs attracted $7.38 million in fresh capital, primarily into Blackrock's ETHA, signaling an increasing institutional interest towards Ether.

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