Investment products in cryptocurrency extended their losses on Tuesday, and the drains of the Bitcoin fund increased by over 300%, and ether losses doubled, both are the second largest drain this month.
Bitcoin (BTC) commercial funds (ETFS) recorded $ 523 million on Tuesday, increased more than four times since Monday, According to Farside investors.
ETR (ETH) ETFS recorded Main losses, with discharge of $ 200 million on Monday to $ 422 million.
Bitcoin and ether funds have published three consecutive days of outflows with a total value of $ 1.3 billion, convergent with keen price corrections of 8.3% and 10.8%, respectively, from the last Wednesday, from the last Wednesday, from the last Wednesday, from the last Wednesday, from the last Wednesday, from the last Wednesday, According to To Coingecko.
Fidelity runs out of $ 400 million
Fidelita investments led to yesterday’s losses with an $ 247 million from Fidelita Wise Origin Bitcoin Fund (FBTC) and $ 156 million from Fidelita Ethereum Fund (Feth), with a total value of $ 403 million daily payments.
Investments in Grayskale also had significant payments, and Grayscale Bitcoin Trust ETF (GBTC) reported $ 116 million out of the outflow, and Grayscale Ethereum Trust (ETHE) lost $ 122 million.
In contrast, Blackrock’s Ishares Bitcoin Trust ETF (IBIT) did not experience any outflows, and ETF Ishares Ethereum Trust (Etha) has only registered tiny drains in the amount of $ 6 million.
The Fear & Greed index will slip into “fear”
Though The three -day outflows are pale compared to the record influx of both Bitcoin and Ether funds in 2025, losses signal a significant change in investors’ mood in connection with falling prices.
On Wednesday, the Crypto Fear & Greed index – a tool tracking the overall mood of the cryptographic market – inverted That “fear”, by registering the result 44. This change occurred after the prolonged period of optimism, which indicates growing caution among investors.
While many social media commentators aroused concerns about the last outflows, the leading ETF analysts must still comment on the losses, which suggests that it may be too early to draw conclusions.
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“A few daily ETF outflows don’t mean tradfi [traditional finance] He abandons crypto – they are only people who use a simple way to jump and outside Bitcoin, showing wrote In the commentary to X.
Senior ETF Bloomberg analyst, Eric Balchunas, started to X on Monday attraction These ETHE ETFS turned bitcoins into “second best” cryptographic assets in July, because investors are increasingly moving from ETF Bitcoin to ETF.
“I give @Fundstrat [Thomas Lee] A lot of recognition, along with Stablecoin legislation, gave Ether a good spokesman and his deadly application, “wrote Balchunas.
In particular, he referred to Bitmine, the newly created “MicroStrategy of Ether”, which appointed Thomas Lee Fundstrat to lead the Eth treasury strategy in June.
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