U.S. spot Bitcoin and Ethereum ETFs see $310M net outflows, signaling cautious institutional demand.
On July 24, U.S. spot Bitcoin ETFs experienced $240 million in net outflows, while spot Ethereum ETFs saw $70.62 million withdrawn, ending Ethereum's five-day inflow streak. These combined withdrawals of over $310 million indicate a pause in recent institutional buying momentum despite ongoing long-term interest in both assets. The outflows highlight cautious sentiment among institutional investors ahead of key macroeconomic events and Federal Reserve policy decisions, with ETF flows remaining a critical gauge of institutional appetite for cryptocurrencies.
On July 24, U.S. spot Bitcoin ETFs experienced $240 million in net outflows, while spot Ethereum ETFs saw $70.62 million withdrawn, ending Ethereum's five-day inflow streak. These combined withdrawals of over $310 million indicate a pause in recent institutional buying momentum despite ongoing long-term interest in both assets. The outflows highlight cautious sentiment among institutional investors ahead of key macroeconomic events and Federal Reserve policy decisions, with ETF flows remaining a critical gauge of institutional appetite for cryptocurrencies.
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