Bitcoin and Ethereum ETFs Suffer Massive $244M Outflow Amid Second Straight Day of Outflows

Bitcoin and Ethereum exchange-traded funds (ETFs) recorded a combined $244 million in outflows on September 23, marking the second consecutive day of investor withdrawals. This follows a sharp $439 million exit the previous day, as investors repositioned around the Federal Reserve’s recent rate cut and upcoming U.S. inflation data. ETF Flows Highlight Investor Caution With Bitcoin and Ethereum Facing Daily According to data from SoSoValue, Bitcoin spot ETFs saw net outflows of $103.6 million on Monday. ...