Bitcoin ETF outflows have surpassed $11 billion from their peak as selling pressure accelerates. Bloomberg Intelligence analyst James Seyffart warned that selling pressure shows no sign of slowing down. Meanwhile, the Mt. Gox trustee has officially begun distributing Bitcoin to creditors through registered custodians and exchange partners. Despite this, Bitcoin ETFs recorded modest positive inflows of $21.5 million, signaling a sharp cooldown in investor demand. In contrast, Ethereum ETFs showed stronger relative performance with $26.9 million in inflows, driven entirely by the ETHA product.