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Bitcoin and Ethereum ETFs Experience Significant Outflows, Fidelity Takes Lead
Gate News bot message, As of August 20, ten Bitcoin ETFs recorded a combined negative net flow of 3,644 BTC (equivalent to $411.79 million). Notably, Fidelity witnessed outflows of 2,180 BTC ($246.39 million), though maintains a substantial position of 199,127 BTC ($22.5 billion) under management.
In parallel, nine Ethereum ETFs registered a net outflow of 55,913 ETH ($232.82 million). Fidelity's Ethereum ETF experienced the largest outflow of 37,690 ETH ($156.94 million), with its current holdings standing at 728,939 ETH.