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Crypto ETFs Crash: $766M Outflow Hits BTC, ETH, XRP

Published by
Sohrab Khawas

On January 20, major spot crypto ETFs faced significant outflows as market sentiment turned cautious. Bitcoin ETFs saw roughly $483 million leave, with Grayscale’s GBTC dropping $161 million and Fidelity’s FBTC losing $152 million. Ethereum ETFs ended a five-day inflow streak, seeing $230 million withdrawn. XRP ETFs declined by $53.3 million overall, despite a $2 million gain for Franklin’s fund, while Solana ETFs recorded $3.1 million in inflows through Fidelity and Franklin products.

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Sohrab Khawas

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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