U.S. Bitcoin ETFs Post $263 Million Outflow, End Nine-Day Run
According to SoSoValue data for April 27, U.S. spot Bitcoin ETFs recorded about $263 million of net outflows, ending a nine-day streak of net inflows. U.S. spot Ethereum ETFs posted $50.48 million of net outflows, and BlackRock’s Staked ETH ETF ETHB was the only Ethereum fund to register a net inflow.
The reversal came ahead of the FOMC meeting, with Bitcoin near $77,000.
From the sources (3 posts)
@wublockchainAccording to SoSoValue data, on April 27 (ET), U.S. Bitcoin spot ETFs recorded a total net outflow of $263 million, ending a nine-day streak of net inflows. U.S. Ethereum spot ETFs saw a total net outflow of $50.48 million, with only BlackR
@cointelegraph🇺🇸 ETF FLOWS: BTC and ETH spot ETFs saw net outflows on Apr. 27. BTC: -$263.18M ETH: -$50.48M
@theblockcoBitcoin ETF outflows snap nine-day streak ahead of FOMC as market tests resolve near $77,000