Bitcoin and Ethereum ETFs See Over $500 Million Outflow in Digital Asset Market

America's digital asset spot exchange-traded fund (ETF) market saw continued capital outflows from Bitcoin (BTC) and Ethereum (ETH). Bitcoin ETFs recorded a second consecutive day of significant net outflow, while Ethereum ETFs also saw over $200 million in funds leave. On the 16th (local time), Bitcoin spot ETFs experienced a net outflow of $295.9 million (approximately KRW 408.9 billion). This follows a $450.4 million (approximately KRW 622.5 billion) outflow the previous day, marking two consecutive days of capital withdrawal. Cumulative net outflows over the two days reached $746.3 million (approximately KRW 1.315 trillion). Among products, BlackRock's IBIT saw $144.1 million (approximately KRW 199.1 billion) exit.