The US Bitcoin Spot ETF recorded a net outflow of $3.264 billion, while the Ethereum Spot ETF saw a larger net outflow of $4.285 billion. These significant outflows indicate a shift in investor sentiment towards these cryptocurrency investment vehicles. The Bitcoin ETF’s outflow reflects ongoing market volatility and changing investor strategies. Similarly, the Ethereum ETF’s outflow suggests that investors are reassessing their positions in the cryptocurrency market. Both ETFs are experiencing notable changes as market dynamics evolve.
