Bitcoin ETFs Face $1B Exodus As Ethereum, Solana Funds Bleed: Is Institutional Crypto Demand Cracking? - Benzinga

The exodus from cryptocurrency ETFs raises questions about institutional demand for digital assets. Bitcoin funds led the outflow with $1 billion in withdrawals.

Market Concerns

Ethereum and Solana funds also experienced significant capital flight, suggesting a broader trend of institutional investors reducing exposure to cryptocurrencies.