"Bitcoin ETFs recorded $159.05 million in net outflows, with Fidelity's FBTC posting the largest exit at $47.85 million, indicating a clear shift in sentiment."
"Ether ETFs lost $64.67 million, primarily driven by Fidelity's FETH, which led with a $48.21 million exit, reflecting continued pressure in the market."
"XRP ETFs gained $3.30 million, suggesting that selective inflows may grow despite the overall negative trend in the crypto ETF market."
Bitcoin ETFs faced $159.05 million in outflows, primarily from Fidelity's FBTC and Grayscale's GBTC. Ether ETFs also suffered, losing $64.67 million, with Fidelity's FETH leading the decline. XRP ETFs gained $3.30 million, suggesting selective inflows. The overall trading volume was $1.78 billion, with net assets at $88.71 billion. The market sentiment remains fragile, as the initial rebound quickly faded, leading to widespread selling across major crypto ETFs.
Read at news.bitcoin.com
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