Bitcoin ETFs See 4th Straight Day of Heavy Outflows as U.S. Stagflation Fears Hammer BTC and Equities

Wall Street's crypto darling takes another hit as ETF bleeding continues.

Stagflation specter haunts markets—BTC and stocks slump in unison.

Another day, another exodus from Bitcoin ETFs. The fourth consecutive outflow paints a grim picture for institutional crypto appetite.

Traditional finance meets crypto volatility—turns out they're not so different after all. Who could've predicted that?

Ether ETFs register inflows

While BTC ETFs registered outflows, ether (ETH) ETFs amassed $73.22 million in investor money, snapping a two-day losing streak.

The SEC's guidance that staking activities and the receipt of tokens, under certain conditions, do not constitute securities offerings likely galvanized investor interest in ether ETFs.

According to Nate Geraci, president of NovaDius Wealth Management, the guidance has cleared the last hurdle, stopping the market regulator from approving spot ether ETFs with staking.