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Bitcoin and Ethereum ETFs Record Notable Outflows, ARK21Shares and Fidelity Lead Withdrawals
Gate News bot message, cryptocurrency ETF markets experienced significant movements on September 4th. Ten Bitcoin ETFs recorded a net outflow of 1,586 BTC, equivalent to $175.69 million. ARK21Shares emerged as a major contributor to these outflows, with withdrawals of 1,141 BTC ($126.37 million), bringing its current holdings to 42,314 BTC ($4.69 billion).
Similarly, nine Ethereum ETFs witnessed substantial outflows totaling 21,697 ETH ($93.08 million). Fidelity reported the largest withdrawal of 50,664 ETH ($217.35 million), maintaining a current position of 726,293 ETH.