Bitcoin and Ethereum ETFs Under Pressure, Solana Steady

Bitcoin and Ethereum ETFs

The post Bitcoin and Ethereum ETFs Under Pressure, Solana Steady appeared first on Coinpedia Fintech News

On November 20, Bitcoin spot ETFs recorded a hefty $903 million net outflow, the second-largest ever, mostly driven by BlackRock’s iShares Bitcoin Trust (IBIT) with a $355.5 million withdrawal. Ethereum spot ETFs also experienced significant outflows totaling $262 million, marking their eighth straight day of redemptions. Meanwhile, Solana spot ETFs bucked the trend with $23.66 million in net inflows, reflecting investor interest amid the broader market uncertainty.

Source: https://coinpedia.org/crypto-live-news/bitcoin-and-ethereum-etfs-under-pressure-solana-steady/