💥 Crypto News Highlights for October 1:
- Fidelity’s Ethereum Fund (FETH) saw a record $25 million in outflows, with a total loss of $48.6 million for all ETH ETFs in the US.
- Grayscale Ethereum Trust (ETHE) and Bitwise Ethereum ETF (ETHW) also saw $26.6 million and $0.9 million in outflows.
- Only 21Shares’ Core Ethereum ETF (CETH) and VanEck Ethereum ETF (ETHV) saw inflows of $1.2 million and $2.7 million, respectively.
📊 BlackRock’s ETH Fund (ETHA) led with a total investment of $1.14 billion, while FETH came in second with $453.5 million.
- The Bitcoin ETF market was no exception, losing $242.6 million, with the Fidelity Wise Origin Bitcoin Fund (FBTC) losing $144.7 million and the ARK 21Shares Bitcoin ETF (ARKB) losing $84.3 million.
📉 Bitcoin price dropped nearly $4,000 after Iran's attack on Israel but has since recovered to $61,750.
👉 What do you think of this trend? Comment below! ⬇️