Bitcoin and Ethereum ETFs Face Outflows amid Macro Uncertainty and Volatility Risks

Bitcoin and Ethereum ETFs in the US saw significant net outflows, with $103.8 million and $140.8 million leaving respectively. Market sentiment remains cautious, influenced by macroeconomic comments from the Federal Reserve and upcoming large-scale options expiries. Spot and derivative trading volumes are elevated, while risk appetite is weighed down by fear and uncertainty indices hitting monthly highs.