Bitcoin and Ethereum ETFs experienced substantial outflows totaling $439.1 million, with Bitcoin funds accounting for $363.1 million and Ethereum products $76 million. This was attributed to profit-taking amid traders repositioning in response to the Federal Reserve's recent rate cut and anticipations for upcoming inflation data. Analysts note that these redemptions are largely influenced by short-term positioning. If the PCE report releases favorable results, inflows could turn positive again, with potential rebounds for Bitcoin and Ethereum. Over the past day, significant crypto liquidations occurred, totaling approximately $376.2 million, primarily driven by traders adjusting leverage positions. Market experts suggest that the landscape remains bullish despite the recent volatility, and observing ETF flows and derivatives leverage will be crucial for predicting market trends going forward.

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