Wall Street crypto capital is accelerating its exodus, with both Bitcoin and Ethereum spot ETFs entering a seven-week redemption streak.



Spot Bitcoin ETFs saw net outflows of $1.79 billion last week, the second-highest single-week outflow on record; assets under management have shrunk 36% year-to-date, falling from $113.3 billion to $72.8 billion, closely tied to Bitcoin's 31% decline over the year.

Even BlackRock's IBIT, which once led the pack, now sees its average investor loss at 40%. This downturn can be described as a harsh risk lesson for mainstream capital that rushed in.

Ethereum ETFs also suffered seven consecutive weeks of withdrawals, with $273 million in outflows last week and a remaining scale of just $8.4 billion, signaling a sustained retreat in institutional buying of the two major crypto assets.
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