Bitcoin ETFs have faced a significant outflow of over $1.1 billion in just five days, as investors seek to de-risk amidst uncertainty ahead of the Jackson Hole symposium. This sell-off coincided with a 10% drop in Bitcoin's price from an all-time high on August 14. Simultaneously, Ethereum ETFs exhibited resilience with a notable inflow of $286.7 million on August 21, marking a break from the bearish trend. Experts suggest that despite recent sell-offs, long-term perspectives remain bullish, especially with large institutional investors holding significant portions of Ethereum's supply. The ongoing volatility in the crypto market has led to massive liquidations, highlighting the precarious state of digital assets as traders await clearer signals from the Federal Reserve regarding interest rate decisions. As Bitcoin hovers around $112,500, the struggle for support at critical resistance levels emphasizes market uncertainty and anticipation.

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