Bitcoin, Ethereum ETFs bleed millions: ‘Profit-taking or nerves about the market’? | The crypto market's volatility has significantly impacted Exchange Traded Funds (ETFs), with ongoing capital outflows raising investor concerns. Bitcoin ETFs saw net withdrawals of $371 million on March 11, marking a seventh consecutive day of outflows, while Ethereum ETFs faced $21.57 million in net withdrawals for five days. BlackRock’s IBIT led the Bitcoin outflows at $151.26 million, followed by Fidelity’s FBTC with $107.10 million, and Grayscale’s GBTC at $35.49 million. Other funds also yielded notable redemptions, signifying a cautious investor sentiment. In the Ethereum segment, BlackRock’s ETHA saw $11.82 million in outflows. Although there have been significant inflows into U.S.-based ETFs since January 2024, a report indicates that only 44% of the capital is long-term investment, suggesting a speculative nature among participants.