📉 Bitcoin and Ether ETFs see significant outflows!
- U.S.-listed Bitcoin ETFs experienced record outflows, with investors pulling $671.9 million, ending a 15-day streak of inflows. Fidelity's FBTC and Grayscale's GBTC led the pack with major withdrawals.
- Bitcoin prices fell to $96,000, a nearly 10% drop from earlier highs, reflecting post-Fed decision bearish sentiment. CME futures premiums also dipped, signaling weaker short-term demand.
- Ether ETFs weren't spared, seeing a $60.5 million outflow, marking the first since November. Ether's price has dropped 20% since last week.
💬 What are your thoughts on these market shifts? Share in the comments!