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BlackRock Bitcoin ETF experiences $130 million net outflow in a single day, are institutions starting to cut positions at high levels?
4m ago
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Weekend Crypto Roundup: ETH ETF Outflows, El Salvador's BTC Holdings, and Fed Chair Discussion
Gate News bot message,
Over the weekend, several significant developments occurred in the cryptocurrency sector. Ethereum ETFs experienced their first notable outflow in weeks, with $152 million leaving these investment vehicles.
In Federal Reserve related news, Kevin Hassett expressed his openness “to succeeding” Jerome Powell as the Federal Reserve chairman position.
Meanwhile, El Salvador has further expanded its Bitcoin holdings, with the nation’s portfolio now containing 6,258 BTC, demonstrating the country’s continued commitment to cryptocurrency adoption.