The Bitcoin and Ethereum ETF lose $ 439 million while the markets remain cautious

The Crypto markets began the week under pressure while the Bitcoin and Ethereum negotiated on stock markets (ETF) have recorded significant withdrawals. Combined buyouts reached around $ 439 million on Monday, reducing the progress made the previous week. This development reflects the prudence of investors while the markets adapted to the recent drop in interest rates in the federal reserve and awaited new data on inflation.

ETF outputs weigh on Bitcoin and Ethereum

The Bitcoin ETF absorbed most of the outings, losing about $ 363 million. FBTC de Fidelity brought the main charge, with $ 276.7 million leaving the fund. Arkb de Ark 21Shares followed, registering $ 52.3 million in redemptions. Hodl de Vaneck lost $ 9.5 million, while GBTC de Grayscale recorded another 24.6 million dollars.

ETHEREUM ETHEREUS also underwent pressure on sale, although on a smaller scale, with total outings of around $ 76 million. Here's how the figures are distributed.

• Feth de Fidelity recorded the largest outing with $ 33.1 million.
• While Ethw de Bitwise saw $ 22.3 million withdrawn.
• Etha de Blackrock also reported $ 15.1 million in outings.
• Grayscale eth recorded $ 5.5 million in outings.

Despite these significant redemptions, the price movements remained moderate. Bitcoin earned only 0.14 % in the last 24 hours. Ethereum increased by just 0.03 % over the same period.

Analysts interpret the movements

Market observers have indicated that short -term repositioning was the main reason for withdrawals. Analyst on-chain Ali Martinez awarded the activity to Traders adjusting their exhibition After the recent Fed decision, while waiting for the PCE inflation report later in the week. He suggested that the flows could quickly reverse if the incoming data would soften.

Dean Chen, analyst at Bitunix, interpreted these buyouts as investors securing their profits and reducing their lever rather than a sign of sustainable market decline. He described two possible scenarios, noting that if ETF flows become positive in the next three days, Bitcoin could exceed $ 113,000 and Ethereum to go to $ 4,200, while continuous outings could bring Bitcoin to $ 108,000 and Ethereum around $ 3,900.

Bitcoin undergoes the pressure of ETF outputs and on-chain activity

Glassnode, in his weekly report, replaced Bitcoin's recent behavior in a broader context, noting that he was following a typical scheme of ” Buy the rumor, sell the news“. Prices climbed before the Fed policy update but were under pressure later, weighed by a low cash request, increased sales on term contracts, and slower ETF flows.

The company said that market profitability and activity still provide support, but warned that without further demand to absorb sales, the market may experience additional cooling.

These pressures both on the ETF market and on the wider commercial activity are reflected in the chain, according to cryptocurrency:

• Short -term holders had started to make losses, with the sopr metric falling below 1, showing that many were selling below their purchase price.
• More than 30,000 bitcoin, worth around $ 3.39 billion to $ 113,000 each, were transferred to exchanges and sold at a loss, although prices have remained close to the average cost of short -term holders, a level that often serves as support.
• The sale has extended to whales, with new portfolios displaying $ 184.6 million in losses and older wallets 26.3 million, showing that even large holders reduced their exhibition.
• Bitcoin is now at the price made of short -term holders, where a support could trigger a rebound if he holds or speed up the sale in the event of a break.

The combination of ETF withdrawals and on-chain sales shows a pressure market, but not in structural decline. Bitcoin and Ethereum remain at key levels, with short -term management depending on the stabilization of ETF flows and the evolution of future inflation data.