Ether ETF outflows hit eight days as Fidelity's FBTC loses $197 million

Crypto Insight Summary: Fidelity's FBTC lost $197.09 million on Thursday, most of a $244.13 million bitcoin ETF outflow, as ether ETFs posted an eighth day of outflows. Crypto Insight Analysis: Direction: Bearish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Ether ETF outflows signal short-term bearish sentiment but limited long-term impact.