Skip to content
Airdrop News

Airdrop news, gathered from 259 outlets every half hour

U.S. Spot Bitcoin and Ether ETFs Post $538.3 Million in Outflows Monday

Picture: TokenPost

U.S. spot Bitcoin (BTC) and Ether (ETH) exchange-traded funds recorded combined net outflows of $538.3 million Monday, extending withdrawals across both crypto fund groups. Bitcoin ETFs accounted for $398.6 million of the total, while Ether ETFs had $139.7 million in net outflows. The Bitcoin figure marked a second consecutive trading day of large withdrawals from spot funds tracking the asset. Ether funds posted net outflows for a sixth straight day, extending a longer run of withdrawals than Bitcoin funds. A net outflow means more money left a fund group than entered it during the measured period.

You are reading an excerpt. TokenPost wrote and owns the full article.

Continue reading at tokenpost.com

Related stories

More crypto news

All Crypto & Bitcoin