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  • Sohrab Khawas
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    Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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Bitcoin and Ethereum ETFs See Major Outflows

On September 26, spot Bitcoin ETFs in the U.S. saw a combined outflow of $418 million, with major funds like Fidelityโ€™s FBTC losing $115 million, Bitwiseโ€™s BITB dropping $80 million, and Arkโ€™s ARKB down by $63 million. None of the 12 Bitcoin ETFs recorded inflows, indicating widespread selling pressure. Ethereum ETFs also suffered $248 million in outflows, marking the fifth straight day of withdrawals, led by Fidelityโ€™s FETH with $158 million exiting. These significant redemptions reflect investor caution amid ongoing market volatility and macroeconomic uncertainty.

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