Key facts
- U.S. spot Bitcoin ETFs saw $326 million in net outflows.
- BlackRock's IBIT led the outflows for Bitcoin ETFs.
- Ethereum ETFs recorded $5.97 million in net outflows.
- Both Bitcoin and Ethereum ETFs returned to negative flow after a brief recovery.
Both Bitcoin and Ethereum exchange-traded funds (ETFs) have returned to negative flows, signaling a reversal after a brief period of recovery from consistent withdrawals. U.S. spot Bitcoin ETFs experienced significant net outflows amounting to $326 million. The largest contributor to these outflows was BlackRock's iShares Bitcoin Trust (IBIT). Concurrently, Ethereum ETFs also saw negative flows, recording $5.97 million in outflows, reflecting broader market volatility affecting digital asset investment products.