Bitcoin ETFs Lose, Ethereum ETFs Fade Out
🟰Bitcoin ETFs Lose Millions, Ethereum ETF Interest Continues to Decline
August was a tough month for Bitcoin ETFs, which posted significant losses of around $94M. This highlights the ongoing difficulties in the market, where investors are showing less and less interest in crypto assets. At the same time, Ethereum ETFs are also falling into disrepute, facing a sustained outflow of funds. Over the month, these funds have seen an outflow of around $10M. The decline in investor interest in these instruments points to changing sentiment in the crypto market and raises questions about the next steps of market participants.
