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Crypto ETF Market Faces Outflow Pressure, Fidelity Ethereum ETF Records Largest Cryptonews vor 5 Tagen

Crypto ETF Market Faces Outflow Pressure, Fidelity Ethereum ETF Records Largest 💸

The cryptocurrency ETF market faced a substantial withdrawal of funds totaling over $290 million on October 1, 2024. This outflow primarily impacted Bitcoin and Ethereum ETFs.

The withdrawals were largely attributed to rising geopolitical tensions, which contributed to a decline in cryptocurrency prices.

Quelle: cryptonews.com ↗

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