📉 Busy days in the crypto world! On Wednesday, US-listed spot Bitcoin and Ether ETFs saw a large amount of money withdrawn. In total, 11 Bitcoin ETFs recorded a net outflow of $582 million. This is the second-largest outflow since these investment vehicles began trading.

- Fidelity's FBTC lost $258 million, while BlackRock's IBIT was followed by $124 million.

- Ether ETFs experienced an outflow of $159.3 million.

This situation is associated with inflation concerns and bond market volatility in the US. The Bitcoin price has fallen by 8.5% in the last three days. How do you think the market will shape? Let's discuss in the comments! 💬