Yesterday, Bitcoin and Ethereum ETFs recorded quite large net outflows. According to data, a total of 349 million USD flowed out of Bitcoin spot funds, while Ethereum spot ETFs lost 82.85 million USD. I noticed that Fidelity is leading in witnessing these cash withdrawals. Their FBTC alone had 159 million USD flow out yesterday, and since its launch, it has accumulated a net outflow of 153 million USD. Similarly, for ETH, Fidelity's FETH fund also recorded 67.57 million USD withdrawn during the day, totaling a loss of 218 million USD since inception. It seems that investors are reconsidering their positions in these funds.

BTC-1.16%
ETH-0.68%
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