Bitcoin and Ethereum ETFs See Massive Setback After a Record Month
US spot crypto exchange-traded funds (ETFs) stumbled into August with nearly $1 billion in combined outflows, ending what had been a strong run in July. Data from SoSoValue revealed that investors pulled $812 million from 12 US-listed Bitcoin ETFs on August 1. This marked the largest single-day withdrawal in five months and the second-worst for…
