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Spot Bitcoin ETFs Suffer $91.76M Loss as Ethereum ETFs Rebound Bitcoin.com 1 week ago

Spot Bitcoin ETFs Suffer $91.76M Loss as Ethereum ETFs Rebound 📉

U.S. spot Bitcoin exchange-traded funds (ETFs) have had a difficult trading day, witnessing an outflow of $91.76 million. This reflects a continuing downward trend for Bitcoin ETFs.

Conversely, Ethereum ETFs have shown promise by attracting $14.45 million in new capital inflow on the same day, indicating a stark contrast in investor sentiment between the two major cryptocurrencies.

The data highlights a shift in investment strategies as Ethereum's potential continues to appeal to investors despite recent market volatility in the cryptocurrency sector.

Source: news.bitcoin.com ↗

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