U.S. crypto ETFs see $610.7M outflows in a week, with Ethereum funds hit hardest.
U.S. crypto ETFs tracked by Farside Investors experienced net outflows of $610.7 million from October 12 to 16, down from $1.29 billion the previous week. Ethereum ETFs led withdrawals with $320.1 million lost, largely driven by BlackRock’s ETHA fund, which accounted for $299 million of the outflows. Bitcoin ETFs also saw significant withdrawals totaling $228.4 million despite a positive trading day on Tuesday. Other crypto funds like Solana, Zcash, and Hyperliquid collectively lost $62.2 million. The decline in outflows suggests a slowing pace of investor exits, but the market remains cautious amid changing interest rate expectations and economic data releases.
U.S. crypto ETFs tracked by Farside Investors experienced net outflows of $610.7 million from October 12 to 16, down from $1.29 billion the previous week. Ethereum ETFs led withdrawals with $320.1 million lost, largely driven by BlackRock’s ETHA fund, which accounted for $299 million of the outflows. Bitcoin ETFs also saw significant withdrawals totaling $228.4 million despite a positive trading day on Tuesday. Other crypto funds like Solana, Zcash, and Hyperliquid collectively lost $62.2 million. The decline in outflows suggests a slowing pace of investor exits, but the market remains cautious amid changing interest rate expectations and economic data releases.
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