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Crypto ETFs Crash: $766M Outflow Hits BTC, ETH, XRP

The post Crypto ETFs Crash: $766M Outflow Hits BTC, ETH, XRP appeared first on Coinpedia Fintech News

On January 20, major spot crypto ETFs faced significant outflows as market sentiment turned cautious. Bitcoin ETFs saw roughly $483 million leave, with Grayscale’s GBTC dropping $161 million and Fidelity’s FBTC losing $152 million. Ethereum ETFs ended a five-day inflow streak, seeing $230 million withdrawn. XRP ETFs declined by $53.3 million overall, despite a $2 million gain for Franklin’s fund, while Solana ETFs recorded $3.1 million in inflows through Fidelity and Franklin products.

Source: https://coinpedia.org/crypto-live-news/crypto-etfs-crash-766m-outflow-hits-btc-eth-xrp/

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