Reported 18 days ago
On October 13, Bitcoin and Ethereum spot ETFs faced a combined net outflow of $755 million, driven by investor panic following a historic $19 billion crypto liquidation triggered by renewed U.S.-China trade tensions. Bitcoin ETFs experienced outflows of $326.52 million, while Ethereum ETFs saw $428.52 million withdrawn. The market downturn led to a drop in Bitcoin prices to $112,283 and Ethereum to $4,030, sparking fears of further selling pressure as traders await insights from the Federal Reserve's upcoming speech.
Source: YAHOO