US exchange-traded funds (ETFs) specializing in Bitcoin and Ethereum witnessed significant outflows on Tuesday, signaling a shift in institutional investor sentiment. The total withdrawals exceeded $800 million, the largest drop since August, according to SoSoValue data. Fidelity’s FBTC fund experienced the most impactful withdrawal at $356.6 million, followed by Ark & 21Shares’ ARKB with a $128 million outflow and Grayscale’s GBTC with $48.9 million in outflows. This follows five days of continuous negative flow for Bitcoin ETFs, totaling $1.9 billion in withdrawals. Ethereum ETFs also saw notable withdrawals, totaling $219.3 million, primarily impacting BlackRock’s ETHA fund. Notably, Solana ETFs bucked the trend with a $14.8 million inflow, highlighting an anomaly in this turbulent market. 💰