Recent trading sessions have shown contrasting outcomes for Bitcoin and Ether ETFs. Specifically, 12 spot Bitcoin exchange-traded funds (ETFs) witnessed combined outflows amounting to $116.9 million.
This represents a challenging market environment for Bitcoin ETFs. In contrast, the nine ETH ETFs maintained a stable position in Tuesday's trading, displaying neither positive nor negative trends.
Overall, these mixed results for crypto ETFs come at a time when Bitcoin recorded a new all-time high on November 5, indicating volatility and unpredictability in the market.
Source: news.bitcoin.com ↗