Update
Bitcoin ETFs and Ethereum ETFs Experience Net Outflows
Bitcoin ETFs experienced significant net outflows of over $680 million last week, dropping total cumulative inflows to $56.88 billion from $57.8 billion. Ethereum ETFs faced even worse, with net outflows of approximately $320 million, marking their third consecutive week in the red and a total loss of $1 billion during this period. Both ETFs struggled due to underlying asset price declines, with Bitcoin falling below $80,000 and Ethereum approaching $2,300.