A hefty $742 million just disappeared from crypto ETFs overnight. Bitcoin and Ethereum ETFs were heavily impacted, with Bitcoin ETFs shedding about $582.90 million and Ethereum ETFs losing $159.34 million.
Big players like Blackrock, Valkyrie, and Grayscale were affected, highlighting an unexpected and significant withdrawal from the market.
This mass exodus represents a major shift within the crypto investment sector, reflecting potential investor concerns or strategic repositioning.
The outflow underscores the volatile nature of crypto markets and has significant implications for the value perception of these popular cryptocurrencies.
Источник: news.bitcoin.com ↗