I have been looking at the capital flow data in the US crypto spot ETFs, and it seems that yesterday was a day with significant selling pressure. Bitcoin ETFs recorded net outflows of nearly $349 million. The interesting part is that BlackRock and Fidelity were the ones with the most movement, with outflows of $143.5 million and $158.5 million respectively. The other ETFs also saw money leaving, although in smaller amounts.



Regarding Ethereum, the situation was similar but less intense. Ethereum spot ETFs had outflows of around $83 million. Fidelity also led here with nearly $68 million in outflows, while the other Ethereum ETFs showed more moderate movements. VanEck, Grayscale, and their mini versions also recorded outflows, but on a smaller scale.

I don't know if this is just a temporary adjustment or if there's something more behind these numbers. What’s clear is that institutional capital remains quite sensitive to market movements. We need to watch how these flows behave in the coming days.
BTC-0.94%
ETH-1.23%
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