Bitcoin and Ether ETFs see $390.5M outflows, led by Bitcoin's $261M on Oct 14
On October 14, U.S. spot Bitcoin and Ether exchange-traded funds (ETFs) experienced a combined net outflow of $390.5 million. Bitcoin ETFs accounted for $261 million of the outflows, making up about two-thirds of the total, while Ether ETFs saw $129.5 million in net outflows. Notably, BlackRock’s iShares Ethereum Trust (ETHA) contributed $110 million to the Ether ETF outflows, representing 85% of that segment's total. This significant withdrawal highlights investor caution or profit-taking in these digital asset funds on that day.
On October 14, U.S. spot Bitcoin and Ether exchange-traded funds (ETFs) experienced a combined net outflow of $390.5 million. Bitcoin ETFs accounted for $261 million of the outflows, making up about two-thirds of the total, while Ether ETFs saw $129.5 million in net outflows. Notably, BlackRock’s iShares Ethereum Trust (ETHA) contributed $110 million to the Ether ETF outflows, representing 85% of that segment's total. This significant withdrawal highlights investor caution or profit-taking in these digital asset funds on that day.
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