Investors Pull $797 Million From Bitcoin and Ether ETFs as Fear Rises

Summary

Institutional investors withdrew $797 million from U.S. spot Bitcoin and Ethereum ETFs, extending a five‑day outflow streak that now totals $1.9 billion as fear spikes to extreme levels (fear‑and‑greed index 21) amid a hawkish Fed and a U.S. government shutdown. The biggest single‑day exit came from Fidelity’s Bitcoin ETF ($356.6 million), while BlackRock’s ETH fund saw $111 million leave. Despite the sharp pullback, Caladan’s Derek Lim argues the underlying bullish market structure remains intact, even as Bitcoin slipped to $101,669 and Ether to $3,292.