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Guavy AI Editorial Team••Sentiment: -2•Clout: 60

U.S. Crypto Spot ETFs Report Significant Net Outflows

BTCETH

U.S. spot Bitcoin and Ethereum exchange-traded funds (ETFs) have reported significant net outflows, according to recent data.

The U.S. Bitcoin spot ETFs experienced a three-day net outflow of $296 million, with total assets under management reaching $84.77 billion.

Meanwhile, the U.S. Ethereum spot ETFs saw a five-day net outflow of $206 million, with total assets under management reaching $11.32 billion.

In contrast, Hong Kong's Bitcoin spot ETF recorded a net inflow of 34.28 Bitcoin, with a total net asset value of $271 million.

Morgan Stanley plans to launch a spot Bitcoin ETF with fees as low as 0.14%, which would be the lowest-cost fund on the market if approved.