Over Half A Billion Dollars Was Pulled From Crypto ETFs In A Single Day.
Yesterday saw a massive wave of selling in the crypto ETF market.
Over half a billion dollars was pulled out in just twenty-four hours.
Bitcoin ETFs bled over two hundred fifty-three million dollars in a single day.
That equates to more than 2,200 BTC sold onto the market.
Ethereum ETFs were hit just as hard, with a two hundred fifty-one million dollar outflow.
This represents over 60,000 ETH being sold from these funds.
This is a significant signal of institutional de-risking.
The market is now on high alert for further downside pressure.
