THE BLOCK: Spot bitcoin ETFs shed $261.5 million on Wednesday, while spot ether ETFs saw $129.5 million in net outflows.

THE BLOCK: Spot bitcoin ETFs shed $261.5 million on Wednesday, while spot ether ETFs saw $129.5 million in net outflows. | Hanami

THE BLOCK: Spot bitcoin ETFs shed $261.5 million on Wednesday, while spot ether ETFs saw $129.5 million in net outflows. Both $BTC and $ETH fell in the past 24 hours, as the latest core CPI data renewed concerns of further interest rate hikes.