Crypto ETFs Witness Over $120 Million in Outflows Amidst Market Uncertainty

Investors pulled a significant sum from crypto exchange-traded funds (ETFs) worth over $120 million on October 22nd. This exodus was primarily driven by Bitcoin ETFs, which saw outflows of $101.4 million that day, while Ethereum ETFs experienced a further $18.9 million in redemptions. This trend indicates caution amongst investors amidst the current market volatility and uncertainties.