"Bitcoin ETFs posted a sharp $173.73 million in net outflows, erasing much of the week's earlier gains. The selling was concentrated in key funds."
"Ether ETFs recorded a net outflow of $7.10 million despite multiple funds posting gains. The sector's imbalance pushed it back into negative territory."
"Grayscale's Bitcoin Mini Trust recorded a $10.25 million inflow, offering a small cushion against the broader decline in Bitcoin ETFs."
"XRP ETFs also slipped, recording a $1.32 million outflow entirely from 21shares' TOXR, reflecting the overall downturn in the crypto ETF market."
Bitcoin ETFs faced substantial outflows of $173.73 million, primarily driven by Blackrock's IBIT and Fidelity's FBTC. Ether ETFs also saw a net outflow of $7.10 million, despite some funds posting gains. Grayscale's ETHE and Ether Mini Trust recorded inflows, but these were overshadowed by larger redemptions in other funds. XRP ETFs experienced a minor outflow of $1.32 million. Overall trading volumes were $2.11 billion for Bitcoin and $1.01 billion for Ether, indicating a volatile market environment.
Read at news.bitcoin.com
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