🚨BEARISH ETF ALERT: BTC and ETH ETFs Suffer MASSIVE OUTFLOWS!

It was a tough day for the #ETF market as both #Bitcoin and #Ethereum saw a wave of outflows. Bitcoin ETFs recorded their second largest single day loss in history, with a massive $812.25 million wiped out! Fidelity's FBTC and ARK's ARKB led the charge, with over $300 million each in redemptions.

But the pain didn't stop there. Ethereum ETFs saw their incredible 20 day inflow streak come to an end with a $152.26 million outflow! Grayscale’s ETHE and Bitwise’s ETHW were hit hardest. This marks a sharp reversal from the record breaking activity in July, when Ethereum ETFs saw massive inflows.

While this may seem concerning, let's keep perspective. These are short term fluctuations in what has been a truly historic run for both assets. Corporations are still doubling down on Ethereum, with firms snapping up 1% of the total circulating supply since June. This kind of institutional accumulation is a powerful long term driver that can't be ignored. Volatility is a part of the game; stay focused on the big picture! #BitcoinETF #EthereumETF