Bitcoin & Ethereum ETFs Experience $1 Billion Outflows Amid Market Volatility

U.S.-based Bitcoin and Ethereum exchange-traded funds (ETFs) have seen a significant outflow of nearly $1 billion in assets as market volatility triggered profit-taking actions. The withdrawals, primarily driven by profit-seeking and adjusting to the volatile climate, were reported by major providers such as BlackRock, Fidelity, and Grayscale. This trend highlights the tight link between ETF flows, liquidity pressures, and price fluctuations in key cryptocurrencies like Bitcoin and Ethereum.