Spot Bitcoin, Ether ETFs see heavy outflows as ‘institutional caution’ grows

Spot Bitcoin, Ether ETFs see heavy outflows as ‘institutional caution’ grows

Crypto markets dip as global macro pressures mount, with US-EU trade tensions and Japanese bond sell-offs fueling institutional caution.

Spot Bitcoin and Ether exchange-traded funds (ETFs) faced heavy outflows on Tuesday, as macroeconomic and geopolitical uncertainty continued to weigh on markets.

Spot Bitcoin (BTC) ETFs recorded $483.4 million in daily outflows, with the Grayscale Bitcoin Trust ETF (GBTC) leading the selling at $160.8 million, followed by Fidelity Wise Origin Bitcoin Fund (FBTC) at $152 million, according to data from SoSoValue.

Spot Ether (ETH) ETFs posted $230 million in net outflows, ending a five-day streak of positive flows, with BlackRock’s ETHA seeing $92.3 million exit. Spot XRP (XRP) ETFs also registered their largest single-day outflow yet at $53.3 million, while Solana (SOL) ETFs bucked the trend with $3 million in net inflows.

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