Crypto ETFs Show Cautious Outflows Amid Market Uncertainty

Amidst growing macroeconomic uncertainty, crypto exchange-traded funds (ETFs) are experiencing notable net outflows, particularly for Bitcoin and Ethereum ETFs. This week, spot Bitcoin ETFs saw $191.6 million in withdrawals, while ETH ETFs witnessed varying levels of outflows ranging from $81 to $184 million. Notably, major players like BlackRock and Fidelity have observed substantial outflows following perceived shifts in the Federal Reserve’s policy approach.