Author: Michael Johnson

BTC ETFs recorded $60.48M withdrawals on December 8. Ethereum funds extended their latest momentum with $35.49M inflows. XRP and Solana ETFs ended yesterday with gains amid prevailing demand. The digital tokens space remains choppy ahead of the December 10 Federal Reserve decision on interest rates. Crypto exchange-traded funds, which have become vital in gauging institutional appetite in these risk assets, confirm the current uncertainty. Bitcoin ETFs suffer outflows despite IBIT’s gains Interest around BTC ETFs remained negative yesterday, with the products recording net outflows amounting to $60.48 million (SoSoValue data). The significant withdrawals came as investors reacted to the weekend’s…