CoinDesk·3 min read·medium
Live markets: Bitcoin ETFs bleed again while ether funds snap a five-day inflow streak
S
Shaurya Malwa
✦AI Summary
Bitcoin and Ether exchange-traded funds (ETFs) experienced significant outflows recently, despite a broader recovery in cryptocurrency prices. While Bitcoin assets remain stable near $77 billion, institutional investors have largely remained on the sidelines during recent price fluctuations.
Fidelity's FBTC drove the bitcoin outflow with roughly $63 million, followed by ARKB at about $40 million. BlackRock's IBIT was flat, neither adding nor losing money, and VanEck's HODL and Morgan Stanley's MSBT were the only funds in the green. Total bitcoin ETF assets sit near $77 billion.
businesscryptoeconomy
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