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Ether ETFs Shed $320 Million in a Week, Outpacing Bitcoin Fund Outflows

Ether ETFs Shed $320 Million in a Week, Outpacing Bitcoin Fund Outflows

Photo: TheCoinrise

US-listed Ether exchange-traded funds posted heavier weekly withdrawals than their Bitcoin counterparts, even as BlackRock led a separate Friday pullback from Bitcoin products. Spot Ether exchange-traded funds listed in the United States saw net outflows of about $320 million over the past week, according to CryptoBriefing. That figure outpaced withdrawals from Bitcoin ETFs during the same stretch, marking a notable shift in how investors are treating the two largest crypto fund categories. The weekly Ether outflow figure stands out because Ether funds have generally drawn smaller flows, in either direction, than their Bitcoin peers since their US launch.

Source: TheCoinrise

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