Bitcoin and Ether ETFs See Massive $1 Billion Daily Outflow Amid Market Pressure

Exchange-traded funds (ETFs) tracking Bitcoin (BTC) and Ethereum (ETH) in the United States witnessed significant capital flight, with net outflows approaching $1 billion in a single trading session. This substantial withdrawal highlights growing investor caution and selling pressure within the cryptocurrency ETF sector. Market analysts point to broader macroeconomic concerns and volatility in the underlying digital assets as key drivers behind the move. The data underscores a shift in short-term sentiment among institutional and retail investors, moving capital away from these popular crypto investment vehicles during a period of market uncertainty.