🚀BTC & ETH Market Alert! 🚀 On August 16, the US crypto ETF sector suffered a violent shock, and the capital withdrawal was surging!

🔥Ethereum ETF dynamics: On that day, the nine major Ethereum ETFs collectively lost 4,476 ETH in total, equivalent to 11.52M capital withdrawal. Among them, Grayscale Fund became the focus, with a net outflow of 6,478 ETH in a single day, worth up to 16.67M. Although there was a loss, its holdings were still strong, with 1,892,167 ETH, and a market value of about $48.7B.

💰Bitcoin ETF Storm: At the same time, the Bitcoin ETF field was not calm, with a total of 583 BTC lost in the top ten products, equivalent to about 33.92M US dollars. Grayscale was also not spared, with 975 BTC outflows worth 56.72M, but its overall strength has not diminished, and it still holds 230,878 BTC, with a total value approaching $134.3B, which can be called the "treasury" of the crypto world.

🌪️Summary: On August 16, the US crypto ETF market experienced a large migration of funds, indicating that market volatility has intensified and capital flows have accelerated. Although Grayscale was affected, its deep foundation remains solid, leading the trend of the crypto market.

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