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>>Crypto ETFs slip into the red, with Bitcoin shedding $159 million and Ether losing $64 million.

Crypto ETFs slip into the red, with Bitcoin shedding $159 million and Ether losing $64 million.

crypthub
Crypto ETFs slip into the red, with Bitcoin shedding $159 million and Ether losing $64 million.

Weekly ETF Flow Overview

Crypto exchange‑traded funds returned to net outflows after a strong start to the week, driven primarily by a sharp reversal in Bitcoin's price.

Bitcoin ETF Activity

On Tuesday, Bitcoin ETFs recorded outflows of $159.05 million, with Fidelity's FBTC leading the decline, indicating weak market confidence.

Performance of Other Crypto ETFs

XRP ETFs posted gains, while Ether and Solana ETFs experienced renewed selling pressure, with Ether ETFs shedding $64.67.

Key Takeaways

The recent outflows highlight fragile investor conviction across crypto ETFs, especially for Bitcoin, and underscore divergent performance among different digital asset classes.