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Bitcoin and Ethereum ETFs are experiencing significant net outflows of funds, with spot BTC funds outflowing $52 million and ETH funds outflowing $42 million, despite their prices holding around $70,000 and $3,600 respectively. This indicates institutional investors are reducing their positions. In contrast, XRP recorded rare net inflows of nearly $2 million, suggesting selective position building. Overall market sentiment remains fragile, with the Fear and Greed Index in the "fear" zone, foreshadowing a potential distribution phase.