Bitcoin ETF Continues Losing Momentum, ETH ETF Records “0” Flow For The First Time Ever!

The post Bitcoin ETF Continues Losing Momentum, ETH ETF Records “0” Flow For The First Time Ever! appeared first on Coinpedia Fintech News

On 30th August, both the ETFs have experienced zero inflow for the first time ever. Notably, 6 out of 11 BTC ETFs have recorded a neutral flow. Grayscale’s “GBTC” has recorded the highest outflow with $70.2 Million, followed by ARK’s “ARKB” with $65 Million. Invesco, Fidelity, and Bitwise are among other losers. With this, the total outflow for the day concluded at -$175.6 Million. On the other hand, all 9 Ethereum ETFs have recorded a neutral flow for the first time since inception.