The recent Bitcoin relief rally faced a setback as US spot Bitcoin ETFs recorded significant outflows. On Thursday, these investment vehicles saw $228 million exit, effectively ending a three-day period of consecutive inflows. This development suggests a shift in investor sentiment following a brief positive trend. Concurrently, Solana ETFs also experienced their initial losses, marking the first such occurrence since February. The combined outflows from these prominent crypto-backed ETFs indicate a broader market re-evaluation, impacting the momentum of digital asset prices.

The recent Bitcoin relief rally faced a setback as US spot Bitcoin ETFs recorded significant outflows. On Thursday, these investment vehicles saw $228 million exit, effectively ending a three-day period of consecutive inflows. This development suggests a shift in investor sentiment following a brief positive trend. Concurrently, Solana ETFs also experienced their initial losses, marking the first such occurrence since February. The combined outflows from these prominent crypto-backed ETFs indicate a broader market re-evaluation, impacting the momentum of digital asset prices.