
Crypto ETFs End Brutal Week With $599 Million in Outflows
Crypto ETFs End Brutal Week With $599 Million in Outflows

It was a grim end to the trading week as bitcoin and ether exchange-traded funds (ETFs) extended their losing streaks, bleeding $367 million and $232 million, respectively. Both markets capped off a volatile and red week for crypto-linked funds.
Article Summary
**Crypto ETFs Face Major Selloff: $599 Million Weekly Outflows Signal Market Turbulence** Cryptocurrency exchange-traded funds experienced severe market pressure this week, with Bitcoin and Ethereum ETFs recording massive outflows totaling $599 million. Bitcoin ETFs alone shed $367 million in investor funds, while Ethereum ETFs saw $232 million in withdrawals, highlighting growing institutional concern over digital asset volatility. This brutal week underscores the challenges facing cryptocurrency investment vehicles as market sentiment deteriorates. The significant outflows from these blockchain-based ETFs reflect broader DeFi market instability and declining investor confidence in digital currencies. Both Bitcoin and Ether prices faced downward pressure as institutional investors retreated from crypto exposure. The substantial fund withdrawals mark one of the most challenging periods for cryptocurrency ETFs since their mainstream adoption. Market analysts view these outflows as indicative of shifting investor sentiment toward traditional assets amid economic uncertainty. As the cryptocurrency market continues experiencing heightened volatility, these ETF performance metrics serve as crucial indicators of institutional appetite for digital asset exposure and blockchain technology investments.


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