Bitcoin and Ethereum ETFs Face Backlash as Outflows Return

U.S.-based exchange-traded funds (ETFs) tied to Bitcoin and Ethereum experienced a reversal of recent inflows, with both experiencing net outflows following a brief period of optimism. This indicates that investor conviction remains fragile and market sentiment is cautious about every bounce. Net redemptions for bitcoin products reached approximately $101 million, while those for ether ETFs totaled around $19 million. These shifts in flows reflect the inherent volatility of these markets, which are highly sensitive to short-term macroeconomic headlines and intraday equity movements.