U.S. spot Bitcoin ETFs have seen over $1.2 billion in outflows as Bitcoin's price dropped below $104,000. This significant withdrawal comes amid a broader market downturn affecting the flagship cryptocurrency. Despite the current price decline, Charles Schwab has reported a 90% year-over-year increase in client engagement with crypto products, indicating sustained interest in the sector. Charles Schwab's CEO remains optimistic about the long-term potential of cryptocurrencies, even as the market faces short-term challenges. The firm has noted a substantial rise in website visits related to crypto, reflecting growing investor curiosity and potential future demand.