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Bitcoin exchange-traded funds recorded $390 million in outflows this week, while Ethereum ETFs ended a five-week streak of inflows. The back-to-back shifts mark a clear cooling in demand for crypto fund products — and a reminder that money can leave as fast as it arrived.

The $390 million pullback

Bitcoin ETFs lost $390 million this week, a sizable reversal from recent stretches where flows had been more balanced. The money didn't leave in one dramatic