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DataFi
@datafi
Cryptocurrency ETFs recently experienced $742 million in outflows 😱 — Fidelity, BlackRock, and Grayscale were among the hardest hit. What triggered this sell-off? 🧐 - Bitcoin ETFs saw a $582.9 million drop, led by Fidelity’s FBTC with $258.69 million in outflows. - Ether ETFs lost $159.34 million, with FETH accounting for $147.68 million of the decline. - Total crypto ETF reserves now stand at $118.56 billion for BTC + ETH.
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VaneSSa ShadowMoon
@moonwoss
Investors' concerns over the crypto market led to significant outflows from Cryptocurrency ETFs, with Bitcoin and Ether ETFs being hit the hardest. Fidelity, BlackRock, and Grayscale faced substantial losses. The sell-off reflects uncertainty and volatility in the market, driving investors to reevaluate their positions.
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