Bitcoin and Ethereum spot ETFs extend net outflow streaks as investors pull $70.47 million and $28.14 million respectively.
Bitcoin spot ETFs saw net outflows of $70.47 million on May 20, marking the fourth consecutive day of withdrawals. The trend reflects sustained investor caution amid broader market uncertainty.
Ethereum spot ETFs also recorded net outflows of $28.14 million, extending their streak to eight days. Prior sessions had shown similar declines, with outflows accelerating in recent weeks.
The data highlights persistent selling pressure in crypto-linked exchange-traded products, though market reaction remained muted.