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Bitcoin (BTC) ETFs see $ 876m a day outflow despite dropping in place prices



Bitcoin and Ether Prices dropped dramatically on Tuesday, but it did not prevent investors from pouring cash into crypto funds.

Spot Bitcoin Exchange-Traded Funds (ETF) was taken at $ 876 million, according to data From Farside Investors. Combined $ 1.2 billion on the flows on Monday as investors reacted to the new record price over the weekend, BTC funds were drawn to a fresh $ 2 billion in the first two days of TheW Eek.

Meanwhile, the Ether ETFS, has also seen a wave of demand, pulling at $ 420 million Tuesday, their strongest flowing day this month. For the first two days of the week, ETH funds have pulled over $ 600 million.

The cash wave arrived as the prices fell dramatically, with a Bitcoin collapse of 2.7% and ether by 5%.



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