Spot Bitcoin ETFs See Massive Outflows & Ether ETFs’ Winning Streak Ends
The market just witnessed a major ETF shake up
Bitcoin Spot ETFs saw a massive $812M outflow the 2nd largest single-day exit in history.
Biggest outflows:
• Fidelity $331M
• ARK Invest $327M
• GBTC $66M
• IBIT $2.5M
Ethereum Spot ETFs ended their impressive 20-day inflow streak, logging $152M in outflows.
Grayscale ETHE led the redemptions $47M, followed by Bitwise and Fidelity.
Despite this, both ETFs saw strong trading volumes signaling that institutional interest hasn’t vanished, but volatility is back.
Could this be a short-term rebalance or the start of a deeper correction?
Watch closely as BTC holds near $116K and ETH near $6.2K.
#BTC #ETH #CryptoETF