ETPs See $2B Outflow, Bitcoin & Ethereum Drop

Crypto ETPs see record outflows, totaling $3.2 billion, as investors pull back due to economic uncertainty. BlackRocks Bitcoin ETF, IBIT, experiences a significant single-day loss. Bitcoin and Ethereum ETPs drop sharply, reducing total managed funds by 27%. Germany attracts $13.2 million in new investments. Future ETF flows depend on broader economic data and policy decisions.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.