đ„ UPDATE #Bitcoin and #Ethereum ETFs on September 6
đ Bitcoin ETF: -211.1 million USD
đ Ethereum ETF: -0.2 million USD
đš Bitcoin ETF continues to suffer a huge capital withdrawal of over 200 million USD, causing the price of $BTC to plummet to 55,000 USD. This is the 7th consecutive day the market has faced negative cash flow
Leading the capital outflow is the Fidelity fund (FBTC) with $150 million withdrawn, while the BlackRock fund (IBIT) remains unchanged at $0
With the $ETH ETF, the cash flow also recorded a capital outflow of -0.2 million USD đ„¶
âĄïž It is likely that many investors are dumping Bitcoin ETFs due to concerns about the risk of a financial recession đž
