‘Recalibration’ or Retreat? Crypto ETF Outflows Hit $800M as Institutional Support Falters
In a stark signal of waning institutional confidence, US spot Bitcoin and Ethereum ETFs hemorrhaged a combined $797 million on Tuesday. The relentless selling, now in its fifth day, suggests a major strategic pivot by large investors away from digital assets.
Spot Bitcoin ETFs suffered their largest single-day outflow since August 1 at $577.74 million, with seven different funds reporting negative flows. The much-anticipated spot Ethereum ETFs also saw significant outflows of $219 million, indicating the negative sentiment is spreading across the major crypto assets.
“The fifth straight day of outflows marks a decisive shift in institutional positioning. This isn’t just a pause; it’s a recalibration,” explained Rachael Lucas, crypto analyst at BTC Markets. She identified the selling as a tactical move driven by a grim reassessment of macroeconomic risks. The data points to a market gripped by “extreme fear” as institutional pillars of support begin to crack.
