Bitcoin exchange-traded funds (ETFs) recorded another wave of investor redemptions on September 25, with $258.4 million in net outflows, according to SoSoValue. The withdrawals come just a day after the products staged a strong rebound, showing continued volatility in institutional flows. Bitcoin ETFs Fall to $144B Amid ETH Losing Over $500 Million in 4 days BlackRock’s iShares Bitcoin Trust (IBIT) was the only bright spot, attracting $79.7 million in fresh inflows. IBIT remains the market leader, with ...

Asset management firm BlackRock’s Ethereum ETF (ETHA) has recorded its largest inflows in a month, marking a turning point for the cryptocurrency. On Sept. 15, BlackRock’s ETHA drew 80,768 ETH (about $363 million) in fresh inflows, according to SoSoValue data. This was the biggest single-day intake in 30 days and pushed the ETF’s trading volume to $1.5 billion. Ethereum etfs turn the tide The surge follows a difficult stretch earlier in the month, when ETHA posted $787 million in outflows between Sept. ...