Bitcoin ETFs Experience $338 Million Outflows on Christmas Eve: Market Impact and Insights
Bitcoin exchange-traded funds (ETFs) are experiencing a significant downturn, with over $1.5 billion withdrawn in recent days, including $338.4 million on Christmas Eve alone. BlackRock’s iShares Bitcoin ETF faced the biggest loss, with $188.7 million pulled out. In contrast, Ethereum ETFs are gaining momentum, attracting $53.5 million in net inflows recently, led by BlackRock’s Ethereum ...