Bitcoin and Ethereum spot exchange-traded funds experienced significant outflows over the past two trading sessions, with combined withdrawals exceeding $300 million as institutional investors reassess positions in the largest cryptocurrencies.
In the first session, spot BTC-ETF outflows reached approximately $90.2 million, while spot ETH-ETF outflows totaled around $131.2 million. The following day saw continued selling pressure, with spot BTC-ETF outflows of $52 million and spot ETH-ETF outflows of $42 million.
The consecutive days of net outflows suggest weakening institutional demand for the largest digital assets through regulated investment vehicles. These withdrawals carry particular significance as spot Bitcoin and Ethereum ETFs have become key barometers for institutional capital flows into cryptocurrency, with cumulative inflows having reached record levels earlier this year. The shift toward redemptions may indicate growing caution among asset managers or portfolio rebalancing activity ahead of macroeconomic developments.