Bitcoin and Ethereum ETFs Face $437 Million Outflows, Signaling Bearish Sentiment

Over $437 million in outflows have been observed from Bitcoin and Ethereum spot-based exchange-traded funds (ETFs), according to on-chain data. Institutional investors are largely driving this trend, with BlackRock’s iShares Ethereum Trust being particularly affected. The outflows indicate a potential shift towards risk-off investing strategies among market participants, with reduced retail participation further impacting liquidity and ETF net asset values.