Bitcoin ETFs See $226M Outflow, While Ethereum Funds Thrive with $130M Gain
On Dec. 23, Bitcoin ETFs faced significant outflows, with $226.56 million leaving their reserves.
Fidelity’s FBTC suffered the biggest loss, shedding $145.97 million, followed by Grayscale’s GBTC, which lost $38.39 million. Despite this, Bitcoin ETFs still hold a cumulative $35.83 billion in inflows for 2024. In contrast, Ethereum ETFs saw a surge, attracting $130.76 million in inflows, driven largely by Blackrock’s ETHA, which gained $89.51 million.
These inflows brought the total for Ethereum ETFs to $12.05 billion, reflecting strong demand in a jittery market.
Clever Robot News Desk 26th December 2024
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