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Bitcoin and Ethereum ETF Outflows Indicate Investor Caution

According to Lookonchain, recent data shows that 10 Bitcoin ETFs have experienced a net outflow of 1,393 BTC, equivalent to a monetary value of $131.8 million. Grayscale's Bitcoin Mini Trust has also seen significant outflows, with 621 BTC withdrawn, reducing its holdings to 41,545 BTC valued at $3.93 billion. Similarly, 9 Ethereum ETFs reported a net outflow of 7,616 ETH, amounting to $20.22 million, while Grayscale's ETHE saw 3,849 ETH withdrawn, impacting its current holdings. These outflows suggest a cautious sentiment among investors, potentially affecting short-term market liquidity and pricing dynamics.

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