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Crypto ETFs Face $150.6M Outflow Despite Key Inflows

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By on July 25, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Crypto ETFs Face $150.6M Outflow Despite Key Inflows appeared first on Coinpedia Fintech News

Crypto ETFs experienced significant movements, with Fidelity’s FETH gaining $74 million and the other five ETH ETFs sustaining positive inflows amounting to almost $100 million. However, Grayscale also reported a substantial $320 million outflow, leading to a total daily net outflow of $150.6 million. The cumulative net inflow stands at—$43.82 million. Total net assets in crypto ETFs are $9.82 billion, representing 2.42% of Ethereum’s market cap.

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