Crypto ETF Outflows Deepen as Bitcoin, Ether Drop

TLDR Crypto ETF outflows reached about $147 million on July 9, led by losses in Bitcoin and Ether funds. Bitcoin ETFs recorded $95.3 million in outflows, with FBTC and ARKB driving most redemptions. Ether ETFs saw $52.2 million in losses, reversing strong inflows recorded a day earlier. BlackRock’s IBIT remained flat, removing a key source [...]

The post Crypto ETF Outflows Deepen as Bitcoin, Ether Drop appeared first on Blockonomi.