On Wednesday, spot bitcoin exchange-traded funds (ETFs) witnessed significant outflows amounting to $105.19 million. In contrast, spot ethereum ETFs managed to end their nine-day losing streak by recording $5.84 million in inflows.
Among the affected Bitcoin ETFs, ARKB experienced the most substantial outflow, losing $59.27 million. This signifies a notable shift in investor sentiment towards Bitcoin ETFs while showing renewed interest in Ethereum ETFs.
Source: news.bitcoin.com ↗