Crypto ETF markets faced another sharp wave of selling on Wednesday, with bitcoin funds posting their second straight day of heavy outflows.

Crypto ETF flows turned sharply negative on Tuesday as investors pulled a combined $363 million from both bitcoin and ether products.

Crypto ETF markets faced another sharp wave of selling on Wednesday, with bitcoin funds posting their second straight day of heavy outflows.

Bitcoin ETFs snapped back into positive territory on Thursday with $131 million in inflows, signaling a renewed wave of institutional demand.