The ongoing government shutdown and political instability in the US have caused significant concerns among investors, reflected in the outflows from crypto ETFs.
Spot Bitcoin ETFs reported net outflows of $40.47 million on a recent Monday, marking a fourth consecutive day of losses, with BlackRock’s IBIT suffering the highest withdrawals.
In the spot Ether ETFs, a total of $145.68 million was withdrawn, showcasing ongoing bearish sentiment in the market as public protests intensify.
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