Ethereum And Bitcoin ETFs Experience Significant Outflows

According to Odaily, recent data monitored by Lookonchain on October 9 reveals notable outflows from U.S. Ethereum and Bitcoin ETFs. The data indicates that nine U.S. Ethereum ETFs experienced a total net outflow of 3,422 ETH, approximately valued at $8.32 million. Among these, Bitwise saw an outflow of 1,865 ETH, roughly equivalent to $4.53 million. Currently, Bitwise holds 98,288 ETH, valued at approximately $238.84 million. In addition, ten U.S. Bitcoin ETFs recorded a total net outflow of 105 BTC, approximately worth $6.5 million. Notably, Fidelity experienced an outflow of 787 BTC, around $48.55 million. As of now, Fidelity holds 178,778 BTC, valued at approximately $11.03 billion.