U.S. spot Bitcoin ETFs posted $138 million in net outflows on April 29, with Morgan Stanley's MSBT standing as the lone bright spot — booking $10.81 million in net inflows, the largest single-day gain among Bitcoin spot products that session.
Spot Ethereum ETFs fared worse in relative terms, shedding $87.73 million in aggregate. Fidelity's FETH led the selling with $48.37 million in net outflows — more than half the category's total drain for the day.
Back-to-back outflow days across both asset classes suggest short-term institutional appetite is cooling, though single-session reads can reverse quickly if macro sentiment shifts.
Original content
On April 29 (ET), U.S. spot Bitcoin ETFs recorded total net outflows of $138 million. Morgan Stanley’s MSBT posted the largest single-day net inflow among Bitcoin spot ETFs at $10.81 million. Spot Ethereum ETFs saw total net outflows of $87.73 million, led by Fidelity’s FETH with $48.37 million in net outflows. https://t.co/BGSFW9vz52
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