Crypto ETFs Bleed $394 Million as Bitcoin and Ether Funds See Outflows

Bitcoin ETFs Mixed, Ethereum Faces Heavy Outflows

Bitcoin ETFs saw selective inflows, with IBIT and Grayscale Mini Trust leading gains. Ethereum ETFs faced broad withdrawals, led by Fidelity and BlackRock’s large redemptions. Diverging ETF flows show investor confidence in Bitcoin, while Ethereum faces selling pressure. The most recent update on cryptocurrency exchange-traded funds (ETFs) shows different patterns between Bitcoin ETFs and Ethereum ETFs, with investor allocations shifting in oppo…

Crypto ETFs Bleed $394 Million as Bitcoin and Ether Funds See Outflows

The post Crypto ETFs Bleed $394 Million as Bitcoin and Ether Funds See Outflows appeared on BitcoinEthereumNews.com. Bitcoin ETFs shed $227 million, and ether ETFs logged a fourth straight day of outflows at $167 million on September 4, bringing combined redemptions to nearly $400 million. Bitcoin Loses $227 Million With Ether Marking Fourth Day of Redemptions The momentum that powered crypto exchange-traded funds (ETFs) earlier this week has sn…

Crypto Braces for Jobs Report as ETF Outflows Hit Bitcoin, Ethereum

Key TakeawaysETF flows flip: Spot BTC ETFs saw $227 million in outflows yesterday, led by broad selling across eight funds, with IBIT being the only fund to see an inflow. ETH ETFs posted $167 million in net outflows, marking the fourth consecutive day of withdrawals.Macro catalyst: Nonfarm Payrolls expected at 75k jobs with unemployment ticking up to 4.3%. Fed cut odds at the September meeting remain high, but stronger-than-expected data could …