As reported by Coindesk, Bitcoin ETFs experienced over $1.2 billion in outflows last week, the third-largest on record, while Ethereum ETFs saw $508 million exit and Solana ETFs attracted $137 million in new capital. Despite the outflows, Bitcoin rebounded 4.4% to $106,172 and Ethereum rose 7.2% to $3,617. Market observers suggest the drawdown reflects position-trimming after a strong inflow streak, not capitulation. Meanwhile, Wall Street's interest in crypto remains strong, with BlackRock, Fidelity, and VanEck expanding their offerings. Institutional investors continue to favor ETFs over direct on-chain exposure due to infrastructure concerns.
Bitcoin ETF Outflows Hit $1.2B Amid Wall Street's Deepening Crypto Bets
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