Crypto ETFs saw net outflows of over $145 million today
On April 2, 10 Bitcoin ETF products combined saw a net outflow of 1,705 BTC, or about $146 million, according to monitoring by chain analyst Lookonchain (@lookonchain), with the Fidelity Bitcoin ETF seeing a single-day outflow of 1,045 BTC (about $89.24 million), which is still holding 195, 888 BTC (~$16.73 million). On the same day, nine Ether ETF products saw net outflows of 1,535 ETH (~$2.87 million), while the Bitwise Ether ETF saw outflows of 1,363 ETH (~$2.55 million) and currently holds 93,728 ETH (~$175 million). This data shows that mainstream cryptocurrency ETF products continue to face outflow pressure.
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