Bitcoin, Ethereum ETFs See Abrupt Net Outflows After Nine-Day Inflow Streak
Bitcoin ETFs experienced a significant shift in investor sentiment yesterday, as they recorded a net outflow of $148.7 million according to Farside Investors. This marked an end to nine consecutive days of net inflows.
Ethereum ETFs also saw a decline, with a net outflow of $59.6 million on the same day.
The abrupt change in investor behavior may be attributed to various factors, including market volatility or changes in investment strategies.