Over $900 Million Pulled from Bitcoin & Ethereum ETFs as Institutional Sentiment Shifts

Significant outflows of nearly $945 million were recorded from Bitcoin and Ethereum exchange-traded funds (ETFs) on August 19th. Bitcoin ETF investors withdrew a staggering $523.3 million, while Ethereum ETFs saw withdrawals totaling $422.2 million, signaling potentially large-scale profit-taking or strategic market repositioning by institutional players. These massive exits from the asset classes suggest that the underlying market sentiment may be evolving.