Crypto ETFs Face $150.6M Outflow Despite Key Inflows
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Crypto ETFs saw major financial movements recently. Fidelity's FETH attracted an inflow of $74 million, while five other ETH ETFs combined received about $100 million in positive inflows. Despite these gains, a substantial outflow of $320 million from Grayscale resulted in an overall daily net outflow of $150.6 million.
These activities produced a cumulative net inflow of $43.82 million. The flux in net assets indicates variation in investor confidence and market conditions, affecting the total net assets in the crypto ETF space.
Source: coinpedia.org ↗
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