Investors pulled a significant amount of money from U.S.-listed bitcoin and ether exchange-traded funds (ETFs) due to concerns about macroeconomic uncertainty and inflation fears. Eleven bitcoin ETFs experienced a net outflow of $582 million, the second-largest amount since these investment vehicles began trading. Fidelity's FBTC had the largest outflow, losing a record $258 million. Ether ETFs also saw large outflows, with $159.3 million being withdrawn, the highest amount since July. These outflows coincide with renewed inflation fears in the U.S., which have caused bond market volatility and a decline in risk assets. Bitcoin's price has dropped nearly 8.5% in the past three days, failing to break above the $100,000 mark. However, some analysts remain optimistic and expect a rebound after the release of the nonfarm payrolls report.



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