Ethereum and Bitcoin-linked exchange-traded funds (ETFs) saw a staggering $600 million in outflows on September 5th, signaling growing unease among investors. Ethereum ETFs experienced the largest outflows at $447 million – the second-highest daily withdrawal ever recorded – highlighting a shift towards caution within the crypto market as it grapples with broader economic uncertainty and regulatory scrutiny. Bitcoin ETFs, despite not achieving net inflows, also saw significant outflows of $160 million, suggesting a wider risk-off sentiment amongst investors. This pattern of withdrawals suggests that investors are either shifting their capital to other assets or waiting for clearer market conditions before making further investments.