Crypto Markets Slide as Ethereum ETFs See Record Outflows
The post Crypto Markets Slide as Ethereum ETFs See Record Outflows appeared on BitcoinEthereumNews.com.
Bitcoin slipped below $113,000 as Ethereum ETFs face record daily net outflows amid mixed market sentiment. Crypto markets dipped on Tuesday as Ethereum exchange-traded funds (ETFs) posted their largest one-day outflows to date, signaling renewed investor caution. Bitcoin (BTC) is down nearly 2% on the day, trading around $113,200 and extending its weekly losses to about 4%. Ethereum (ETH) has dropped 3.2% in the past 24 hours to about $3,587, bringing its weekly decline to 4%. Among other large-cap altcoins, XRP has slipped 2.3% to $2.98, while Solana (SOL) is down about 3% today $163, recording a nearly 9% loss on the week. BTC 24-hour price chart. Source: CoinGecko The total cryptocurrency market capitalization has fallen 2% on the day to around $3.77 trillion, according to CoinGecko. Trading volume over the same period reached $131 billion. Over the past 24 hours, more than $363 million in crypto positions were liquidated, according to CoinGlass, with long positions making up the majority at $239 million. ETH led the liquidations with nearly $128 million, followed by BTC at around $60 million, while smaller-cap altcoins accounted for roughly $40 million. Record ETF Outflows In the crypto ETF space, Ethereum ETFs recorded their largest-ever single-day net outflows, with approximately $465 million withdrawn on Aug. 4, according to SoSovalue. This comes after ETH ETFs broke their multi-week net inflow streak on Friday with a relatively high net outflow of $152 million. BlackRock’s ETHA fund led Monday’s outflows, with nearly $375 million pulled. Fidelity’s FETH, Grayscale’s ETHE and the Grayscale Ethereum Mini Trust also recorded outflows of $55 million, about $7 million, and $28 million, respectively. The outflows come nearly three weeks after the funds recorded their highest daily inflows yet. July was also ETH ETFs’ best month on record, with the products recording net inflows every…
Filed under: News - @ August 5, 2025 9:32 pm