On a challenging Monday, spot Bitcoin exchange-traded funds (ETFs) experienced significant financial losses, with investors withdrawing a considerable $541.07 million. Twelve different spot Bitcoin ETFs suffered during this difficult trading session.
Among the affected funds, Fidelity’s FBTC experienced notable outflows, showcasing the impact on leading financial products. This downturn also extended to Ethereum funds, which similarly ended up in the red.
Source: news.bitcoin.com ↗