🚨 US crypto ETFs recorded $610.7 million in net outflows during the week of October 12-16, according to Farside Investors data. Ethereum $ETH funds accounted for $320.1 million of the total, with BlackRock’s $ETHA driving roughly $299 million of those withdrawals. Bitcoin $BTC ETFs lost $228.4 million over the same period. Combined Bitcoin and Ethereum outflows totaled $548.5 million, or nearly 90% of the overall figure. Institutional crypto demand reversed sharply this week.
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