U.S. exchange-traded funds (ETFs) for Bitcoin and Ethereum are experiencing a dramatic trend: zero inflows. This shift reflects reduced investor demand and liquidity, impacting both cryptocurrencies’ prices. BTC sits at $109,800 while ETH trades at $3,850 as a result. 470.7 million USD in outflows from Bitcoin ETFs alone highlight this change in sentiment. The Federal Reserve’s uncertain economic outlook and market volatility contribute to the decline. Blackrock, Grayscale, and Bitwise, major ETF issuers, have yet to provide official statements regarding these trends. Notably, similar patterns were observed during past Fed-induced risk-off events in 2022. This suggests potential for further price corrections in cryptocurrencies. Institutional investors are reacting with caution as uncertainty persists, potentially leading to more liquidations.