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Bitcoin and Ether ETFs See $530 Million in Outflows
(3 hours ago) · 1 source · Summarized by CryptoBipto
Bitcoin and Ether exchange-traded funds experienced $530 million in combined outflows, reportedly erasing gains that had accumulated following a previous election period. The outflows reflect a reversal in fund flows that had built up during a post-election period.
WHY IT MATTERS
An ETF, or exchange-traded fund, is a product that lets people invest in an asset — like Bitcoin or Ether — through a regular brokerage account, similar to buying a stock.
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SOURCES
- cointelegraph.com
RELATED
BTCETHETFsFund FlowsInstitutional InvestmentBitcoin ETFEther ETF
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