The Bitcoin ETF had a net outflow of 1,238 BTC today, while the Ether ETF had a net outflow of 12,221 ETH
March 4 - Bitcoin and ethereum ETFs both saw massive net outflows today, according to Lookonchain data:
- 10 Bitcoin ETFs saw net outflows of 1,238 BTC (~$102.85 million)
- iShares (Blackrock) Bitcoin Trust (IBIT) saw outflows of 909 BTC and now holds 572,227 BTC (~$47.55 billion)
- Grayscale Bitcoin Trust (GBTC) saw outflows of 420 BTC, dropping its overall position to 196,387 BTC
- 9 Ether ETFs saw net outflows of 12,221 ETH (~$25.35 million)
- iShares (Blackrock) Ethereum Trust (ETHA) outflows 7,570 ETH and now holds 1,284,919 ETH (~$2.66 billion)
- Grayscale Ethereum Trust (ETHE) outflows 5,521 ETH, total position down to 1,263,919 ETH
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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