Ethereum and Bitcoin ETFs See Heavy Outflows Amid Price Drops

Recent price fluctuations in the cryptocurrency market have triggered significant outflows from Ethereum and Bitcoin exchange-traded funds (ETFs). Investors are taking profits as prices of both cryptocurrencies dip, with Ethereum trading around $4,000 and Bitcoin hovering above $108,000. Analysts suggest these withdrawals stem from a combination of market volatility and institutional investors securing their gains.