Spot Ethereum ETFs experienced their biggest weekly outflows since launch, with nearly $800 million withdrawn amid recent market downturns. Major funds like Fidelity’s FETH and BlackRock’s ETHA saw significant redemptions, triggered by Ethereum’s price dip below $4,000 and broader economic uncertainties. Similarly, Bitcoin ETFs recorded $902.5 million in outflows, although BlackRock’s offerings remained relatively resilient. Meanwhile, anticipation grows around new spot Solana ETFs with staking features, signaling possible future innovation for Ethereum ETFs. Bitcoin ETFs continue to hold a substantial share of the market with U.S.-based funds leading dominance.
Continue to read Ethereum Spot ETFs Face Record $800M Outflows Amid Market Volatility
Spot Ethereum ETFs experienced their biggest weekly outflows since launch, with nearly $800 million withdrawn amid recent market downturns. Major funds like Fidelity’s FETH and BlackRock’s ETHA saw significant redemptions, triggered by Ethereum’s price dip below $4,000 and broader economic uncertainties. Similarly, Bitcoin ETFs recorded $902.5 million in outflows, although BlackRock’s offerings remained relatively resilient. Meanwhile, anticipation grows around new spot Solana ETFs with staking features, signaling possible future innovation for Ethereum ETFs. Bitcoin ETFs continue to hold a substantial share of the market with U.S.-based funds leading dominance.
Continue to read Ethereum Spot ETFs Face Record $800M Outflows Amid Market Volatility
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