Bitcoin News Today: Bitcoin and Ether ETFs Lose $945M in 3 Days Amid 8.3%-10.8% Price Drop

Cryptocurrency investment products faced notable outflows in the latest session, with Bitcoin and Ether ETFs shedding nearly $1 billion combined over the past three trading days. On Tuesday alone, spot Bitcoin ETFs experienced $523 million in outflows, a surge of over fourfold compared to the previous day. Ether ETFs also recorded $422 million in outflows, doubling from Monday’s levels, marking the second-largest outflows for both assets this month [1]. Farside Investors reported that these outflows followed a sharp price correction, with Bitcoin and Ether declining by 8.3% and 10.8%, respectively, since last Wednesday [1].

Fidelity Investments led the outflow trend, with its Fidelity Wise Origin Bitcoin Fund and Ethereum Fund seeing $247 million and $156 million in withdrawals, totaling $403 million in daily redemptions. Grayscale Investments also experienced significant outflows, with its Grayscale Bitcoin Trust ETF (GBTC) shedding $116 million and the Grayscale Ethereum Trust (ETHE) losing $122 million [1]. In contrast, BlackRock’s iShares Bitcoin Trust ETF (IBIT) reported no outflows, while its Ethereum counterpart, the iShares Ethereum Trust ETF (ETHA), saw only $6 million in redemptions [1].

The shift in investor sentiment is evident in the latest Crypto Fear and Greed Index reading, which fell to a “Fear” level on Wednesday with a score of 44. This follows a month of “Greed” sentiment, indicating growing caution among investors in response to the recent volatility [1]. Although the three-day outflow total is significant, it remains far below the record inflows seen earlier in 2025 for both Bitcoin and Ether ETFs [1].

Market commentators have offered mixed interpretations of the recent outflows. Ryan Park, an adviser at 21Rates, noted on X that “a few daily ETF outflows doesn’t mean TradFi is abandoning crypto — that's just folks using a simple way to hop on and off Bitcoin, showing the market’s still buzzing and noobs are still making mistakes” [1]. Meanwhile, Bloomberg ETF analyst Eric Balchunas observed on Monday that Ether ETFs had outperformed Bitcoin as the second-best-performing crypto asset in July, as investors increasingly shifted their allocations [1]. He attributed this shift in part to stablecoin legislation and the emergence of entities like BitMine, which appointed Fundstrat’s Thomas Lee to lead its Ethereum treasury strategy in June [1].

The recent outflows highlight the fluid nature of investor behavior in response to price corrections and shifting sentiment. While some view the redemptions as a sign of waning confidence, others argue that they are a normal part of the market cycle. As the crypto asset class continues to evolve, ETFs remain a critical access point for both institutional and retail investors, with their flows serving as a key indicator of broader market dynamics [1].

Source:

[1] Cointelegraph, "Crypto funds bleed: Bitcoin and Ether ETFs shed nearly $1B" (https://cointelegraph.com/news/crypto-funds-bleed-bitcoin-outflows-surge-5x-ether-outflows-double)