U.S. Bitcoin and Ethereum ETFs Continue to See Outflows

# Bitcoin and Ethereum ETFs See Continued Capital Outflows The ongoing capital outflows from Bitcoin and Ethereum spot ETFs listed on the New York Stock Exchange indicate that investor sentiment in the digital asset market remains subdued. According to data from Faside Investors on October 11 (local time), the previous day saw another $278.4 million exit Bitcoin ETFs, marking the third consecutive day of negative flows. Notably, BlackRock and Fidelity experienced outflows of $89.2 million and $134 million, respectively. No Bitcoin funds reported net inflows for the day. Ethereum ETFs also faced significant outflows on Monday, with a net exit of $34 million. Fidelity alone saw $23.7 million withdrawn, contributing to the outflow across four funds. Similar to Bitcoin ETFs, no Ethereum funds recorded any inflows. This continued trend of capital withdrawal underscores the lingering caution and conservative stance of investors towards digital assets.