Significant Outflows in Bitcoin and Ethereum ETFs Reported by Lookonchain
10/2/2024 2:14:34 PM
According to Lookonchain, there have been significant outflows in both Bitcoin and Ethereum ETFs as of October 2. Specifically, 10 Bitcoin ETFs experienced a net outflow of 4,216 BTC, equivalent to $258.99 million. Fidelity alone accounted for an outflow of 2,375 BTC, valued at $145.87 million, and currently holds 177,970 BTC worth $10.93 billion. Meanwhile, 9 Ethereum ETFs saw a net outflow of 14,675 ETH, amounting to $36.07 million. Fidelity also had an outflow of 10,000 ETH, worth $24.58 million, and holds 151,500 ETH. (Source)
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