Investors have cashed out a combined $2.6 billion from U.S. Bitcoin and Ethereum exchange-traded funds over the past week, marking one of the largest redemption periods in the funds' history. The more than $1.9 billion that left the Bitcoin funds and $718.9 million pulled out of their Ethereum counterparts since October 29, according to data from Farside Investors, has helped put downwards pressure on the two largest cryptocurrencies by market value. The Bitcoin ETFs had the most successful debut in the history of ETFs following their January 2024 approval, and now manage a total of $145.4 billion in assets.
Author: Mathew Di Salvo
Published at: 2025-11-05 22:12:00
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