US spot BTC ETFs saw -$125.4M net outflows on Aug. 13 after -$61.1M on Aug. 12, while ETH ETFs saw modest +$6.5M inflows. BTC and ETH both traded lower on the day, with Glassnode describing Bitcoin as in a "late-stage bear compression phase.
Matters because: Continued ETF outflows may pressure short-term price action and show institutional caution despite cooler inflation data.
