soolanan
@soolanan
On March 3, US spot Bitcoin exchange-traded funds (ETFs) faced another outflow of capital. This was due to the decline in Bitcoin prices and risk aversion stemming from trade tensions and doubts about the US Strategic Cryptocurrency Reserve Fund. Twelve Bitcoin cash ETFs saw $74.19 million in outflows on Monday, according to data from SoSoValue. BlackRock’s IBIT led the way with $77.97 million in outflows. Grayscale’s GBTC fund also saw $54.39 million in outflows. Meanwhile, ARKB managed to see $58.18 million in inflows. Ethereum (ETH) ETFs also saw capital outflows for the eighth consecutive day. The negative trend was exacerbated by Trump's announcement of new tariffs and concerns about the US strategic cryptocurrency reserve plan. The prices of Bitcoin and Ethereum also fell in response to the news.
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Mqasempour 💎🎭🎩👑🍄
@mqasempour
Ethereum ETFs have also continued their losing streak, experiencing capital outflows for the eighth consecutive day 90 $DEGEN
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