05/02/2026
Ethereum ETFs Face Extended Outflow Pressure as Bitcoin Funds Hemorrhage Cash
Ethereum ETFs recorded their fourth consecutive day of outflows, shedding $184 million during the streak.
What happened: Ethereum ETFs recorded their fourth consecutive day of outflows, shedding $184 million during the streak. Bitcoin ETFs performed even worse, losing $490 million over the same period despite the S&P 500 reaching all-time highs.
Why it matters: The divergence between traditional equity markets hitting records and crypto ETF outflows suggests institutional investors are rotating away from digital assets despite improving traditional market sentiment. This institutional withdrawal could create a headwind for crypto prices even as retail sentiment remains constructive.
Source: Decrypt