Spot Bitcoin exchange-traded funds (ETFs) in the U.S experience their second-largest daily outflow since inception, with a total daily net outflow of $903.11 million, primarily from eight ETFs. Factors including Nvidia’s accounts spike and the U.S employment data contribute to a wider sentiment shift in the market. Despite this, the cumulative ETF inflows stand at $57.4 billion and total net assets are $113 billion, suggesting institutional investors are still engaged in the market. The article also covers the performance of Ethereum ETFs and newly launched altcoin ETFs.
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