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Crypto ETFs Lose $610.7 Million as Ethereum Outflows Overtake Bitcoin
Crypto exchange-traded funds recorded total outflows of $610.7 million during the period of Oct. 12–16. Ethereum withdrawals exceeded Bitcoin outflows over these dates. Meanwhile, every one of the five tracked cryptocurrency fund categories ended in negative territory. These combined withdrawals resulted in a net loss of $610.7 million across all monitored fund categories.