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BTC ETF and ETH ETF Situation
We are currently seeing negative dynamics in spot ETFs, with outflows continuing for the fourth week in a row.
Over the past five trading days, investors have withdrawn nearly $360 million from Bitcoin ETFs, and the total assets under management of the funds have decreased to $87 billion.
The situation with ETH ETFs is also poor, with outflows amounting to $161 million over the week, and the total volume has also fallen to $11.7 billion.
It is crucial for us to see a positive shift in this dynamic and a resumption of inflows, otherwise the market will continue to experience difficulties.#btc #usdt #ltc #gold #silver. $ETH $GT $XRP