Bitcoin ETFs Lose $138M as Zcash Extends 3-Day Inflow Streak

U.S. bitcoin ETFs closed Friday with $137.94 million in net outflows, capping a volatile week in which large inflows were quickly followed by equally sharp reversals. Ether returned to modest inflows, while Zcash and NEAR remained the only other categories to attract fresh capital. The group lost $137.94 million, led by a $110.34 million outflow from Blackrock’s IBIT. Fidelity’s FBTC shed another $31.78 million. Morgan Stanley’s MSBT provided the only inflow at $4.19 million. Trading value fell to $1.33 billion, while net assets closed at $104.43 billion. The lower turnover is notable after Thursday’s $635.49 million withdrawal .

Source: Bitcoin.com News