The post Bitcoin And Ethereum ETFs Record Outflow Streak Amid Market Turmoil! appeared first on Coinpedia Fintech News
On 29th August, only 1 BTC ETF has recorded a positive inflow. Reportedly, ARK’s “ARKB” has added $5.3 Million whereas 5 ETFs have recorded a neutral flow. Conversely, Fidelity’s “FBTC” has recorded the highest outflow of $31.1 Million, followed by Grayscale’s “GBTC” with $22.7 Million. Blackrock, Bitwise, and Valkriye are among the other losers. On the other hand, Grayscale’s “ETH” is the only Ethereum ETF with a positive inflow of $3.6 Million. With 7 ETFs recording a neutral flow and Grayscale’s “ETHE” losing $5.3 Million, the total flow for the day stood at -$1.7 Million.