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CoinEx News: U.S. spot Bitcoin ETFs recorded $137.75 million in net outflows on April 29, while U.S. spot Ether ETFs shed $87.72 million in the same session, according to Sosovalue. BTC redemptions were led by IBIT at $54.7 million, FBTC at $36.13 million and ARKB at $30.04 million, while ETH outflows were concentrated in FETH at $48.37 million and ETHA at $37.06 million, with both categories extending three-session withdrawal streaks.
The synchronized exits point to broad institutional de-risking across crypto ETF wrappers, raising the bar for a near-term BTC or ETH rebound unless fresh macro or spot-demand catalysts absorb the selling pressure.
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