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CoinDesk·2 min read·medium

Live markets: Bitcoin ETFs slip back to outflows while ether funds extend their streak

S
Shaurya Malwa
Live markets: Bitcoin ETFs slip back to outflows while ether funds extend their streak
AI Summary

Bitcoin ETFs experienced net outflows while Ether funds continued to see inflows, reflecting a divergence in investor sentiment. Bitcoin and Ether prices both saw a decline, though Ether has shown relative strength due to recent roadmap updates.

Why it matters

It tracks institutional investor behavior in the cryptocurrency market, which serves as a bellwether for broader digital asset trends.

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The bitcoin outflow was broad. BlackRock's IBIT shed roughly $59 million, Grayscale's GBTC lost nearly $64 million, and Fidelity's FBTC gave up about $15 million.

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cryptobusinesseconomy
Political Bias
Center
LeftLean LCenterLean RRight
Confidence: 90%

The article is a data-driven market report focusing on financial flows and price action.

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