- Oct 10, 2024 10:56 UTC
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![Bitcoin ETF](https://image.coinpedia.org/wp-content/uploads/2024/09/11174518/What-is-Happening-to-the-Crypto-Market-Crypto-ETFs-Outflow-Streak-Explained-1.webp)
As the Bitcoin price witnesses a minor correction, dropping back to the crucial levels of $60,000, the Bitcoin ETF market witnesses a slight increase in net outflows. From the 10 Bitcoin ETFs, the total outflow on October 9 accounted for 105 BTC worth 6.5 million, with Fidelity’s FBTC leading the way with 787 BTC worth 48.55 million. Currently, Fidelity holds 178,778 BTC worth $11 billion. Meanwhile, the Ethereum spot ETFs lost 3,442 ETH in the outflow worth $8.32 million, leading the way on the Ethereum front. The Bitwise Ethereum ETF faced the largest outflow of 1,865 ETH worth $4.53 million.
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