Bitcoin and Ether ETFs Experience Outflows Before Christmas Holiday
Ahead of the Christmas holiday, Bitcoin and Ether ETFs have experienced outflows, according to reports. The largest single-day exit was from BlackRock’s IBIT, with $91.37 million leaving the fund. Grayscale’s GBTC experienced the second largest outflow, with $24.62 million exiting the fund. The development highlights activity in the cryptocurrency investment product space as the year comes to a close.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.