The US Bitcoin Spot ETF experienced a significant net outflow of $4.884 billion yesterday, while the Ethereum ETF also faced a notable outflow of $1.842 billion. These outflows indicate a shift in investor sentiment towards these cryptocurrency exchange-traded funds. The Bitcoin Spot ETF’s outflow is particularly substantial, reflecting potential concerns or changes in market dynamics. Similarly, the Ethereum ETF’s outflow suggests that investors are reassessing their positions in this digital asset as well. Overall, the combined outflows from both ETFs highlight a trend that may impact future investment strategies in the cryptocurrency market.
