Bitcoin and Ethereum ETF Outflows Continue in the U.S.

# Bitcoin and Ethereum Spot ETFs See Continued Outflows in New York Market New York—The investment sentiment in the digital asset market shows little sign of recovery as fund outflows persist from Bitcoin and Ethereum spot ETFs listed on the New York Stock Exchange. According to Passaic Investors on October 12 (local time), there were net outflows of $371 million from Bitcoin ETFs on the previous day (Tuesday), marking the fourth consecutive day of negative flow. Net outflows were recorded in nine funds, including $151.3 million from BlackRock and $107.1 million from Fidelity. Not a single Bitcoin fund saw inflows. Ethereum ETFs also experienced net outflows amounting to $21.6 million, continuing a five-day stretch of negative performance. BlackRock and Fidelity recorded outflows of $11.8 million and $9.8 million, respectively. The ongoing capital flight from these ETFs underscores the challenges faced by the digital asset market in regaining investor confidence.