Blackrock Drives $150M Bitcoin, Ether ETF Selling
U.S. crypto ETFs opened the week under renewed pressure, with bitcoin funds losing $65.40 million and ether ETFs extending their outflow streak to 10 consecutive sessions. Bitcoin ETFs Lose $65M as Ether Outflows Hit 10 Days The new week began much as the last one ended: with institutional investors still trimming exposure to major digital […]
AI summary
U.S. spot crypto ETFs started the week with renewed outflows, as bitcoin funds shed $65.40 million and ether ETFs extended their losing streak to 10 straight sessions. BlackRock was the main driver of the roughly $150 million in combined selling. Persistent institutional redemptions signal weakening demand and could keep near-term pressure on BTC and ETH prices.
Impact
72
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Conviction
55
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Narrative
25
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Signal timeline · this narrative
19M AGO
Cointelegraph · Score 55
37M AGO
