Bitcoin-linked exchange-traded funds recorded more than $800 million in net withdrawals on 2 Aug. 2025, the largest single-day outflow since February, underscoring renewed investor caution as cryptocurrency prices slid. In a notable contrast, BlackRock’s spot Ethereum ETF registered no redemptions during the same session, according to market data cited by industry trackers. The product’s stability stands out against broader volatility in both Bitcoin vehicles and other Ethereum funds, whose demand has slowed alongside the token’s continued price decline. The divergence highlights shifting sentiment within digital-asset markets: while investors trimmed exposure to Bitcoin at the fastest pace in five months and pared positions in several Ethereum products, BlackRock’s fund maintained assets, suggesting a pocket of institutional conviction in Ether even as prices retreat.