The post Bitcoin ETFs See $89.68M Outflows appeared first on Coinpedia Fintech News
On April 28, Bitcoin spot ETFs recorded net outflows of $89.68 million, signaling a pause after recent inflow momentum. BlackRock’s IBIT led the decline with $112 million withdrawn, highlighting institutional repositioning. Ethereum spot ETFs also faced selling pressure, posting $21.80 million in outflows, led by $13.17 million from BlackRock’s ETHA. The synchronized outflows across both assets suggest short-term cooling in investor sentiment, as markets react to volatility and shifting macro conditions.