According to Lookonchain, on May 1, 2025, ten Bitcoin ETFs experienced a net outflow of 382 BTC, equating to a $36.68 million withdrawal. Fidelity alone saw outflows of 1,462 BTC ($140.57 million), leaving its total holdings at 198,376 BTC ($19.07 billion). On the Ethereum side, nine ETFs recorded a net outflow of 1,648 ETH ($3.03 million), with Grayscale's ETHE seeing the largest single-entity withdrawal of 3,987 ETH ($7.32 million). These outflows suggest potential bearish momentum and reduced institutional demand, which are critical signals for short-term trading strategies. Source: Lookonchain on Twitter.