The numbers are out. And they expose a different kind of selloff. Bitcoin spot ETFs just saw a single-week net outflow of $1.26 billion. That is the largest weekly capital exodus since late January this year. This isn't retail panic. This is institutional capital rotating out at scale. Ethereum spot ETFs are no safer. They have been bleeding for 10 consecutive trading days, breaking the record for the longest outflow streak since March 2025. The backdrop explains why. U.S. Treasury yields are surging. The dollar is strengthening. Geopolitical noise is rising. Institutions are cutting risk, not adding to it. Even BlackRock's IBIT, with $60 billion in assets, could not stop six straight days of net redemptions. Many thought this was a normal technical pullback. The data says otherwise. This is Wall Street pulling liquidity off the table. BTC is clinging near $75,000. ETH is stuck around $2,050. These levels look fragile when macro-driven capital flight is the dominant force. In this environment, holding conviction is hard. Data cuts through the noise, but it also makes existing positions feel riskier. The lesson here is structural. When institutions run for the exits, narratives shift fast. The only real edge is patience. Personal analysis only. NFA. DYOR. $BTC $ETH #SECTokenizationDelay