ChainCatcher Message, Fidelity's U.S. spot Bitcoin and Ethereum exchange-traded funds (ETFs) experienced the largest single-day net outflow in history on Wednesday.📉

According to data from SoSoValue, FBTC saw a net outflow of $258.7 million yesterday, while Fidelity's FETH was also not far behind, accounting for a majority of the outflows from the Ethereum spot ETF, reaching $147.7 million.💸

This phenomenon has attracted widespread attention in the market, and investors are curious about the future direction of the cryptocurrency market. Nevertheless, such volatility is not uncommon in the crypto market, and investors should remain rational and closely monitor market dynamics.📊