Yesterday, I noticed that spot BTC and ETH ETF funds were recording sizable net outflows. Specifically, Fidelity’s products led the withdrawals—FBTC saw $159 million withdrawn in a single day, and FETH was not far behind with $67.5 million. Overall, spot BTC ETFs across the entire market withdrew $349 million, while spot ETH ETFs withdrew $82.85 million. It seems investors are cashing out profits or shifting their strategy, especially with BTC and ETH right now.

BTC1.23%
ETH1.87%
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