🚀 Crypto Market Update: Bitcoin ETFs See Outflows, Ethereum Bounces Back! 🚀
- Bitcoin ETFs witnessed a third day of outflows, totaling $1.18 billion, as BTC dipped 4% following the Fed's hawkish rate cut. Fidelity's FBTC led with $145.97 million outflows.
- BlackRock's IBIT was the exception, with $31.66 million inflows, while BTC traded at $94,436, down 11.9% this week.
- Ethereum ETFs rebounded with $130.76 million inflows, led by BlackRock's ETHA at $89.51 million. ETH rose 3.3%, trading at $3,412.
💬 Share your thoughts on these trends in the comments!