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Bitcoin.com News|Feb 13, 2025 12:35
🔻Bitcoin & Ether ETFs See Major Outflows! 💸
On Feb. 12, Bitcoin ETFs recorded their third straight day of withdrawals, with a 251.03M net outflow. The biggest losses came from @Fidelity's FBTC (-101.97M) & @21Shares' ARKB (-97.03M). Even @BlackRock IBIT (-22.11M) & @BitwiseInvest BITB (-25.94M) weren't spared. The only bright spot? @Grayscale BTC, bringing in 16.34M.
Ether ETFs also felt the pressure, losing 40.95M, led by @Grayscale ETHE (-30.23M) & @Fidelity FETH (-10.72M).
Is this a shakeout or the start of a bigger trend?
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