As the Bitcoin price witnesses a minor correction, dropping back to the crucial levels of $60,000, the Bitcoin ETF market witnesses a slight increase in net outflows.
From the 10 Bitcoin ETFs, the total outflow on October 9 accounted for 105 BTC worth 6.5 million, with Fidelityâs FBTC leading the way with 787 BTC worth 48.55 million. Currently, Fidelity holds 178,778 BTC worth $11 billion.
Meanwhile, the Ethereum spot ETFs lost 3,442 ETH in the outflow worth $8.32 million, leading the way on the Ethereum front.
The Bitwise Ethereum ETF faced the largest outflow of 1,865 ETH worth $4.53 million.
Source: CoinPedia
