Express
Cryptocurrency ETF sees $2 billion outflow last week, marking largest weekly outflow since February
Summary: According to reports, financial media The Kobeissi Letter stated on X platform that cryptocurrency ETFs saw a $2 billion outflow last week, marking the largest weekly outflow since February. This marks the third consecutive week of fund outflows, totaling $3.2 billion. Of this, Bitcoin ETFs saw a $1.4 billion outflow, while Ethereum ETFs saw a ...
According to reports, financial media The Kobeissi Letter stated on X platform that cryptocurrency ETFs saw a $2 billion outflow last week, marking the largest weekly outflow since February. This marks the third consecutive week of fund outflows, totaling $3.2 billion.
Of this, Bitcoin ETFs saw a $1.4 billion outflow, while Ethereum ETFs saw a $689 million outflow. Over the past month, the daily outflow as a percentage of total assets under management has reached a historical high. Due to price declines and fund outflows, total assets under management have dropped 27% from the peak in October to $191 billion.
Tags:
Link: Cryptocurrency ETF sees $2 billion outflow last week, marking largest weekly outflow since February [Copy]
