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$1.22 Billion Exits Spot Bitcoin and Ethereum ETFs in a Single Week

$1.22 Billion Exits Spot Bitcoin and Ethereum ETFs in a Single Week

Photo: TheCoinrise

US-listed crypto funds posted some of their heaviest weekly withdrawals this year, while XRP-linked products reportedly held steady. Spot Bitcoin and Ethereum exchange-traded funds listed in the United States lost more than $1.2 billion in investor capital over the course of a week, according to data cited by CryptoBriefing and Cryptopolitan. CryptoBriefing put the figure at $1.22 billion, while Cryptopolitan reported withdrawals of $1.25 billion over the same period. The modest difference likely reflects timing of the data snapshots or methodology, but both accounts point to a sizable pullback.

Source: TheCoinrise

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