Bitcoin, Ether ETFs Lose $391M as Single-Day Rebound Vanishes

U.S. crypto ETF flows swung sharply back into negative territory on Wednesday, with bitcoin and ether funds shedding a combined $390.97 million. The reversal erased Tuesday’s improvement and pushed the two largest ETF categories to roughly $341 million in combined outflows for the week so far. Bitcoin ETFs lost $261.46 million on Wednesday, with the selling concentrated in the same funds that had powered the previous session’s recovery. Fidelity’s FBTC shed $152.73 million after attracting $103.06 million on Tuesday . Blackrock’s IBIT lost another $110.94 million, reversing its previous $65.89 million inflow.

Source: Bitcoin.com News