The U.S. Bitcoin spot ETF recorded a net outflow of $470.7 million, while the Ethereum spot ETF experienced a net outflow of $81.4 million yesterday. This trend of outflows suggests a shift in investor sentiment regarding these cryptocurrency investment vehicles. The Bitcoin spot ETF’s notable outflow indicates potential concerns among investors about the future of Bitcoin within the current market environment. Similarly, the Ethereum spot ETF’s outflow reflects changing perspectives on Ethereum, signaling a similar reaction among its investors. Overall, both cryptocurrencies are facing challenges as indicated by the recent financial movements.
