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Major Outflows Hit Ethereum and Bitcoin ETFs

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utilization and btc and eth

This week saw a significant turn in institutional sentiment toward crypto, as spot Ethereum (ETH) exchange-traded funds recorded nearly $508 million in net outflows—marking the third-largest weekly withdrawal since their inception. Meanwhile, spot Bitcoin (BTC) ETFs similarly faced substantial redemptions during the same period. What’s Driving the Withdrawals? Analysts suggest multiple pressures are at work. …

The post Major Outflows Hit Ethereum and Bitcoin ETFs appeared first on Cryptoknowmics-Crypto News and Media Platform.

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