Significant Outflows in Bitcoin and Ethereum ETFs on August 5
8/5/2024 3:40:16 PM
According to @lookonchain, on August 5, there were notable outflows in both Bitcoin and Ethereum ETFs. Bitcoin ETFs experienced a net outflow of 1,205 BTC, equivalent to $65.49 million. Fidelity alone saw an outflow of 1,661 BTC, worth $90.26 million, and currently holds 178,088 BTC, valued at $9.68 billion. Similarly, Ethereum ETFs had a net outflow of 22,779 ETH, amounting to $54.94 million. Grayscale's Ethereum Trust (ETHE) saw a significant outflow of 25,045 ETH, worth $60.41 million, and now holds 2,004,828 ETH. (Source)
Bitcoin Ethereum ETH BTC Fidelity Grayscale ETHEMore from Lookonchain (@lookonchain): Looking for smartmoney onchain