Bitcoin and Ethereum exchange-traded funds (ETFs) experienced notable sell-offs over the past week, signaling a cautious investor sentiment in the crypto markets. Both assets saw significant net outflows, which could reflect short-term uncertainty but may also present entry opportunities for long-term investors.
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Bitcoin ETFs recorded approximately 8,942 BTC sold, equating to $707.9M in net outflows.
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Ethereum ETFs saw about 52,180 ETH sold, with $382.2M in net outflows.
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The outflows suggest downward pressure but may offer attractive re-entry prices for investors with high-risk tolerance.
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The scale of the outflows could indicate a temporary market shakeout rather than a long-term trend.
While short-term sentiment appears cautious, this may be a potential buying opportunity for those expecting recovery or long-term growth in crypto-backed ETF assets. Show Less
