Market watchers flagged a notable capital movement yesterday: BlackRock clients withdrew approximately $150 million from spot Bitcoin and Ethereum ETF products. The outflow signals shifting sentiment among institutional investors who have been heavily positioned in these flagship digital assets through the investment giant's products. While single-day redemptions can result from rebalancing or tactical repositioning rather than bearish conviction, the magnitude here—touching both BTC and ETH simultaneously—warrants attention from traders monitoring institutional flows. BlackRock's spot crypto ETF offerings have become key barometers for institutional appetite. Such withdrawals, when concentrated, can hint at profit-taking cycles or hedging strategies as market participants reassess exposure levels. The move comes as volatility persists across major cryptocurrencies, keeping institutional players actively managing their positions rather than holding passively.