U.S. Bitcoin and Ethereum spot ETFs experienced substantial net outflows last week, with Bitcoin ETFs recording a net outflow of $358 million and Ethereum ETFs seeing $170 million in outflows. The Bitcoin ETF outflows were primarily from FBTC, GBTC, and IBIT, while BlackRock's ETHA led the Ethereum outflows. Despite these outflows, the total net assets for Bitcoin and Ethereum ETFs remain at $8.076 billion and $1.09 billion, respectively. In contrast, Hong Kong's Bitcoin and Ethereum spot ETFs reported net inflows, with Bitcoin ETFs gaining 28.6 Bitcoins and Ethereum ETFs adding 36.96 Ethereum. Meanwhile, the U.S. Bitcoin spot ETF options market showed increased trading activity, with a total notional trading volume of $5.87 billion and a bearish sentiment prevailing. Additionally, Bitwise has submitted an S-1 registration statement to the SEC for a Uniswap ETF, and ProShares launched the KRYP ETF, tracking the CoinDesk 20 index. These developments come amid a backdrop of market volatility and shifting investor sentiment in the cryptocurrency ETF space.