📉 Bitcoin & Ethereum ETFs Experience Outflows of Nearly US$1 Billion!
Early August began with massive fund withdrawals from crypto spot ETF products in the US, reaching nearly US$1 billion after a positive record in July.
🔹 Bitcoin ETF (BTC): Outflow of US$812 million in just 1 day, the largest in the last 5 months and the second worst in 2025.
🔹 Ethereum ETF (ETH): Outflow of US$153 million, breaking a record of 20 consecutive days of inflows > US$5 billion.
💬 Nate Geraci (NovaDius Wealth) described this sell-off as surprising, especially since it occurred amid positive momentum and the pro-crypto regulatory initiative “Project Crypto” from SEC Chairman Paul Atkins.
👉 Is this a sign that investors are starting to be cautious, or is it just profit-taking? 🤔