US spot ETFs for cryptocurrencies, notably Bitcoin and Ethereum, have faced their first outflows since Donald Trump's election. This indicates a notable change in the market landscape and investor behavior.
The outflows come amidst a wider decline in market cap for both Bitcoin and Ethereum, suggesting investors are reevaluating their strategies in a volatile environment.
This situation reflects the current uncertainties and challenges facing the cryptocurrency market, affecting ETFs which previously enjoyed consistent investment inflows.
