Key Takeaways:
- Bitcoin ETFs saw $159.05 million outflows on Tuesday, led by Fidelity FBTC, signaling fragile market conviction.
- Ether ETFs lost $64.67 million as ETHA and FETH slid, pointing to continued pressure.
- XRP ETFs gained $3.30 million via Bitwise and Franklin, suggesting selective inflows may grow.
Bitcoin, Ether ETFs See Heavy Outflows While XRP Gains
The rebound on Monday, April 6, was short-lived. By the close of trading on Tuesday, April 7, momentum had faded almost as quickly as it arrived, replaced by a broad wave of selling across crypto ETFs.
Bitcoin ETFs led the reversal, recording $159.05 million in net outflows. The selling was widespread, cutting across five major funds and signaling a clear shift in sentiment.
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