Significant Outflows in Bitcoin and Ethereum ETFs on July 31

According to Lookonchain, on July 31, nine Bitcoin ETFs experienced a net outflow of 26,823 BTC, equivalent to $1.77 billion. Grayscale alone saw an outflow of 27,753 BTC, valued at $1.84 billion, and now holds 242,413 BTC, worth $16.03 billion. Similarly, nine Ethereum ETFs reported a net outflow of 15,691 ETH, totaling $51.94 million. Grayscale's Ethereum Trust (ETHE) witnessed an outflow of 63,612 ETH, valued at $210.56 million, and currently holds 2,107,764 ETH.