Key Notes

Fidelity led withdrawals with $403 million in combined Bitcoin and Ethereum ETF outflows.

The recent outflows come as Bitcoin price and Ethereum price saw over 8% correction over the past week.

The Crypto Fear & Greed Index fell to 44 (“Fear”) on August 20, reflecting a shift in sentiment.

US issuers of spot Bitcoin BTC $113 291 24h volatility: 1.8% Market cap: $2.26 T Vol. 24h: $47.15 B ETFs, and spot Ethereum ETH $4 186 24h volatility: 2.6% Market cap: $506.05 B Vol. 24h: $45.43 B ETFs, faced heavy outflows of more than $1 billion on Tuesday, August 19.

ETFs for both the top crypto assets saw their second-largest outflows this month. On Tuesday, Bitcoin outflows went up by more than 300% while Ethereum outflows do

See Full Page