Dollars

Four

Blood

Billion

Bitcoin and altcoins have experienced significant declines since the crash in October.Bitcoin (BTC) fell to $60,000 and Ethereum (ETH) to $1,750, while there were also huge outflows from US spot BTC and ETH ETFs.US spot Bitcoin and Ethereum ETFs experienced outflows for the fourth consecutive month, totaling $9.15 billion.According to SosoValue data, US spot Bitcoin ETFs experienced net outflows for the fourth consecutive month, resulting in a total loss of $6.39 billion.This marked the longest monthly net outflow period since BTC ETFs were launched in January 2024.Spot Ethereum ETFs also saw a sharp decline in investor sentiment, with outflows of $2.76 billion during the same period.Analysts say these outflows signal a sharp decline in institutional investors’ interest in digital assets, and this is reflected in the price drops of both tokens.Bitcoin peaked above $126,000 in early October last year, but has since fallen by approximately 50% to $66,000. Ethereum, meanwhile, has lost more than 60% of its value since surpassing $4,950 in August last year.*This is not investment advice. Continue Reading: <a href="https://en.bitcoinsistemi.com/massive-blood-loss-in-bitcoin-btc-and-ethereum-eth-etfs-9-billion-dollars-in-four-months/" rel="noopener noreferrer nofollow">Massive Blood Loss in Bitcoin (BTC) and Ethereum (ETH) ETFs! “9 Billion Dollars in Four Months!”</a>

Massive Blood Loss in Bitcoin (BTC) and Ethereum (ETH) ETFs! “9 Billion Dollars in Four Months!”

Bitcoin Sistemi EN

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