Bitcoin ETFs suffered $643.33 million in net outflows Friday, wiping out four consecutive days of inflows and pushing the week into negative territory. Ether and solana also faced heavy redemptions as the...
Summary
- Bitcoin ETFs suffered $643.33 million in net outflows Friday, wiping out four consecutive days of inflows and pushing the week into negative territory.
- Ether and solana also faced heavy redemptions as the Binance hack triggered a fresh bout of risk aversion across crypto markets.
- Ether lost $155.85M, and solana lost $10.74M as the Binance breach deepened crypto risk aversion.
- Friday’s high-volume selloff shows security shocks can rapidly overwhelm institutional accumulation.
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