November 23, 2024

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Bitcoin and Ethereum ETFs Record $74 Million in Outflows, Grayscale Funds Lead Losses

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Bitcoin and Ethereum ETFs Record  Million in Outflows, Grayscale Funds Lead Losses
Bitcoin and Ethereum ETFs Record  Million in Outflows, Grayscale Funds Lead LossesOn Sept. 4, 2024, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) saw $37.29 million in outflows, while their ethereum counterparts, the nine spot ether ETFs, experienced roughly $37.51 million in reductions. Grayscale’s GBTC and ETHE Lead Withdrawals Both bitcoin and ethereum ETFs saw money flowing out on Wednesday, with nearly identical divestments. According to […]