US spot ETFs bleed 788 BTC and 29,926 ETH in a day
- —Daily net outflow from US bitcoin ETFs: 788 BTC
- —Weekly net outflow from bitcoin ETFs: 8,267 BTC
- —Daily net outflow from Ethereum ETFs: 29,926 ETH
- —Weekly net outflow from Ethereum ETFs: 217,087 ETH
Why it matters: Sustained ETF outflows add selling pressure on BTC and ETH, signaling weakening institutional demand.
Source: PANews