In accordance with Coinomedia, on December 11 (ET), U.S. spot Bitcoin ETFs recorded a total net outflow of $77.34 million, with Fidelity’s FBTC leading at $104 million in outflows. Ethereum ETFs saw $42.37 million in net outflows, with 21Shares’ TETH as the only product to post inflows. Meanwhile, Solana ETFs attracted $11.02 million in net inflows, bucking the trend as investor interest shifts toward alternative Layer 1 protocols.
Bitcoin and Ethereum ETFs See Outflows, Solana Gains $11M Inflows on Dec 11
CoinomediaShare
Summary
Ethereum news reports $42.37 million in net outflows for U.S. spot Ethereum ETFs on December 11, with 21Shares’ TETH as the only inflow. Bitcoin ETFs saw $77.34 million in outflows, led by Fidelity’s FBTC. Solana ETFs bucked the trend with $11.02 million in inflows. Ethereum price today remains under pressure as capital shifts toward alternative Layer 1s.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.