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Bitcoin ETF outflows reach $449 million over three days

Bitcoin ETFs saw $449 million in outflows over three days, including $164 million from ARK 21Shares on Thursday. Ether and Solana funds also reported net withdrawals, Cointelegraph said.

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Bitcoin ETF outflows reach $449 million over three days
Bitcoin exchange-traded funds recorded combined outflows of $449 million over a three-day period, signaling continued withdrawals from the investment products. ARK 21Shares accounted for $164 million of the Bitcoin ETF outflows reported on Thursday, according to Cointelegraph. The pressure was not limited to Bitcoin-focused funds: Ether and Solana ETFs also posted net outflows during the period covered. The figures provide a snapshot of fund flows linked to BTC, ETH and SOL, without indicating the specific reasons behind investors’ redemptions. ETF flows are closely watched as a measure of demand for regulated market exposure to digital assets, although the reported withdrawals do not by themselves establish a future price direction. The latest data comes as crypto-market participants monitor allocation trends across major asset-based investment products.
Source Cointelegraph This is an original Moneyiar brief based on the cited source.
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