Bitcoin, Ether ETFs see $530M outflows as prices slump
In short
US spot Bitcoin and Ether ETFs lost a combined $530 million on Thursday. Bitcoin dropped below $76,000, and US stocks also fell.
The move shows investors pulled money out of the two biggest crypto ETF groups as prices weakened.
What the reporting says
US spot Bitcoin and Ether ETFs shed a combined $530 million on Thursday as Bitcoin fell below $76,000 and US stocks tumbled. Cointelegraph’s summary linked the withdrawals to the crypto selloff and weaker equities. The outflows signal renewed pressure on the two biggest US crypto ETF products during the market drop.
Why it matters
US spot Bitcoin and Ether ETFs recorded $530 million in combined outflows on Thursday while Bitcoin slipped below $76,000. The flows matter for crypto investors and ETF holders because they point to weaker demand for regulated bitcoin and ether products during a sharp market pullback.