Fidelity's Bitcoin ETF, known as FBTC, has experienced a significant outflow, reaching a staggering $258.7 million. This withdrawal has left many market watchers wondering about the driving forces behind this movement. In tandem, the Spot Ethereum ETF, named FETH, has also reported noteworthy losses, with investors pulling out a total of $147.7 million.
These record withdrawals by Fidelity have sent shockwaves through the markets as investors react to the unpredictability surrounding these major cryptocurrencies. The substantial outflows suggest shifts in market sentiment or possible strategic reallocations by those holding these ETFs.
Sursă: en.coin-turk.com ↗