Institutional investors continue to reduce their exposure to Bitcoin and Ethereum, with significant outflows reported in spot ETFs. On February 5, Bitcoin spot ETFs saw outflows of $434 million, with BlackRock's IBIT ETF experiencing the largest single-day outflow of $175 million. Ethereum spot ETFs also faced outflows totaling $80.79 million. In contrast, Solana spot ETFs recorded positive inflows of $2.82 million, indicating a potential shift in investor sentiment towards Solana. Despite these movements, there is no confirmation of a market bottom as outflows persist, suggesting ongoing selling pressure in the crypto markets.