Bitcoin approaches $97,000 amid the rise of most cryptocurrencies like Ethereum, as Bitcoin exchange-traded funds (ETFs) recorded their first net outflow. The outflow represents a notable reversal after the funds collectively attracted over $2 billion in net inflows during the previous eight trading sessions. Bitcoin ETFs face an outflow of $56 million amid sideways price movement. Yesterday, the total net outflow from Bitcoin ETFs reached $56.23 million. This sudden shift in money flow indicates a potential slowdown in institutional demand.