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Bitcoin and Ethereum ETFs Experience Heavy Outflows

Guavy AI Editorial Team
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BTC ETH
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U.S. spot Bitcoin and Ethereum ETFs experienced significant outflows in recent days. According to data, on July 24, there were $240 million in net withdrawals from Bitcoin ETFs, while Ethereum ETFs saw $70.62 million withdrawn.

This marked the end of a five-day inflow streak for Ethereum's spot ETFs. The combined outflows total over $310 million and indicate a pause in recent institutional buying momentum.

The outflows may be attributed to cautious sentiment among institutional investors ahead of key macroeconomic events and Federal Reserve policy decisions.

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