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Bitcoin, Ether ETFs Lose $1.2 Billion as Institutional Demand Cracks

News.Bitcoin.com
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Bitcoin, Ether ETFs Lose $1.2 Billion as Institutional Demand Cracks

U.S. crypto ETF demand reversed sharply in the week through Oct. 9, with bitcoin and ether funds losing more than $1.2 billion combined. Solana also snapped a 14-week inflow streak, while XRP and NEAR emerged as rare pockets of demand. Bitcoin ETFs Lose $681M as 3-Week Inflow Streak Ends The institutional bid that supported crypto […]

Key Takeaways

  1. crypto ETF demand reversed sharply in the week through Oct.
  2. 9, with bitcoin and ether funds losing more than $1.2 billion combined.
  3. Solana also snapped a 14-week inflow streak, while XRP and NEAR emerged as rare pockets of demand.
Read Full Article on News.Bitcoin.com

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.