Bitcoin and Ethereum ETFs See $1.7 Billion in Combined Outflows Amid Market Uncertainty
NEW YORK - Spot Bitcoin and Ethereum exchange-traded funds (ETFs) experienced important outflows this past week, totaling $1.7 billion, according to data from SoSoValue. Bitcoin ETFs recorded $903 million in net withdrawals, ending a month-long streak of inflows that signaled growing institutional confidence. Simultaneously, the nine US-listed spot Ethereum ETFs saw $796 million in redemptions, marking their largest weekly withdrawal since launching earlier this year.
The synchronized retreat across both assets reflects a broader cooling in crypto ETF demand as macroeconomic uncertainty deepens. Persistent inflation concerns, slowing global growth, and heightened uncertainty around US monetary policy have prompted institutional investors to trim exposure to volatile assets, with digital assets among the first to be pared from portfolios.
Institutional allocators, who previously viewed these ETFs as a convenient entry point into digital assets, are now reassessing their strategies considering growing macro headwinds and increasing exposure to losses.
Data from CryptoQuant indicates that Bitcoin treasury firms raising capital through PIPE deals are facing pressure, with share prices trending toward discounted issuance levels. Investor attention is also rotating toward newly launched ETFs tied to choice tokens like Solana and XRP,drawing capital away from Bitcoin and Ethereum funds and encouraging experimentation with underrepresented assets.
Despite the cooling risk sentiment, appetite for diversification within crypto remains active, albeit more selective and opportunistic.
