Due to the deep correction in the digital currency market, institutional investors are withdrawing capital from tradable exchange-traded funds (ETFs) of Bitcoin in the United States. Over the past three trading days, more than $1.17 billion capital has exited from eleven Bitcoin ETFs. This comes as the price of Bitcoin has dropped over 14% from its all-time high last week. In contrast to Bitcoin ETFs, Ethereum spot ETFs have shown a positive trend in the past few days with a fresh capital influx of $130.8 million on December 23rd.
