Bitcoin and Ethereum ETFs reported significant outflows of 586 million USD and 26 million USD respectively, while Grayscale’s GBTC saw a drop of 282 million USD. BlackRock’s IBIT ETF stood out with 106 million USD in inflows, indicating mixed investor sentiment.
Bitcoin’s price is near 95,845 USD, reflecting a slight decline of 0.3%, whereas Ethereum rose by 3.57% to 2,757 USD. On-chain metrics suggest ongoing demand for Bitcoin despite ETF withdrawals, with market conditions remaining cautious.
Leave a Reply