Crypto ETFs Lose $593M in a Week as Bitcoin, Ether Selling Persists
U.S. crypto ETFs remained under pressure in the week through Oct. 16, with bitcoin funds losing about $229 million and ether ETFs shedding $320 million. The pace of withdrawals eased from the previous week, yet selling spread across all major ETFs as investors continued to reduce risk. Crypto ETF Outflows Drop 52% but All Major […]
Key Takeaways
- crypto ETFs remained under pressure in the week through Oct.
- 16, with bitcoin funds losing about $229 million and ether ETFs shedding $320 million.
- The pace of withdrawals eased from the previous week, yet selling spread across all major ETFs as investors continued to reduce risk.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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