Bitcoin ETFs see worst outflows since August, as BTC, ETH products lose $1 billion

U.S.-listed spot Bitcoin and Ether exchange-traded funds (ETFs) suffered heavy redemptions on Thursday, losing nearly $1 billion in a single session as cryptocurrency prices dropped sharply and investor risk appetite waned. Bitcoin ETFs saw $817.9 million withdrawn, with BlackRock's IBIT leading outflows at $317.8 million, while Ether ETFs lost $155.6 million. This synchronized selling across both asset classes suggests institutional investors were broadly reducing crypto exposure, contrasting with earlier trends where Ether inflows sometimes offset Bitcoin weakness. The selloff was attributed to rising volatility in risk assets, macroeconomic uncertainty, and speculation regarding future Federal Reserve leadership, which pressured sentiment and led to aggressive unwinding of leveraged crypto positions.

(Source：CoinDesk)