Bitcoin has experienced a significant boost in ETF inflows, which has correlated with an 8.5% rise in its price over the past month. This surge in popularity and investment comes as Ethereum experiences a contrasting dip, declining by 1% in the same timeframe.
The recent data reveals that since mid-October, the Bitcoin Spot ETF market has predominantly seen positive inflows, with only one day registering a negative inflow. A notable recent inflow was recorded at $472.60 million, showcasing strong investor confidence and interest in Bitcoin.
This upward trend in Bitcoin does not mirror Ethereum's performance, as the latter seems to lag, failing to capture the same level of investment or interest. The distinct disparity in investment trajectories highlights differing investor sentiment and market dynamics influencing these leading cryptocurrencies.
