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Bitcoin and Ethereum ETFs Record Notable Outflows, Led by Grayscale
Gate News bot message, On August 19, cryptocurrency ETF data shows significant outflows across both Bitcoin and Ethereum funds.
The 10 Bitcoin ETFs experienced a total net outflow of 1,717 BTC (approximately $197.19 million). Grayscale’s GBTC contributed to this trend with outflows of 722 BTC ($82.87 million), maintaining its current holdings at 179,855 BTC ($20.66 billion).
Similarly, the 9 Ethereum ETFs recorded net outflows of 63,778 ETH ($272.71 million), with Grayscale’s ETHE accounting for 23,427 ETH ($100.17 million) in outflows.