Recent data reveals a concerning trend in the crypto space: Bitcoin spot exchange-traded funds (ETFs) have experienced continuous net outflows for three consecutive days, totaling $109 million. This has raised concerns among market observers regarding investor sentiment. In contrast, Ethereum ETFs have remained relatively stagnant with no inflows or outflows observed on April 7th. 5. The current volatility suggests a potential shift in investor behavior, particularly as Bitcoin’s price remains uncertain. While some analysts attribute the bearish trend to broader risk-off sentiment, others believe this could reflect a temporary pullback from risky assets amidst economic uncertainties or regulatory headwinds. This divergence in market behavior highlights how quickly conditions can change in the crypto space. Just weeks ago, Bitcoin ETFs were experiencing record inflows. Ethereum spot ETFs have shown zero net flows on April 7th as well, indicating investor caution. The lack of activity suggests that traders are adopting a wait-and-see approach until regulatory clarity regarding US Ethereum ETFs emerges. Some experts believe this inactivity might shift once greater clarity from regulators or increased bullish momentum for Ethereum unfolds. Market participants remain cautious about the impact on Bitcoin and Ethereum ETF markets in the coming weeks.