Bitcoin and Ethereum ETFs See Outflows Amidst Shifting Investor Sentiment

Recent outflows from Bitcoin and Ethereum exchange-traded funds (ETFs) reflect shifting investor attitudes in the cryptocurrency market. Notably, BlackRock’s iShares Bitcoin Trust saw significant withdrawals totaling 132 bitcoins, while Grayscale’s ETHE experienced a notable outflow of 10,287 ETH. These developments suggest volatile market conditions and potential shifts in investment strategies.