On August 16, the cryptocurrency market witnessed notable movements within exchange-traded funds (ETFs). Spot Bitcoin ETFs experienced a net inflow of $35.9 million, indicating strong investor interest and confidence in Bitcoin.
In contrast, spot Ethereum ETFs saw a net outflow of $15 million, suggesting a decline in investor interest or confidence in Ethereum during this period. These opposing trends provide insights into market sentiment and investment strategies within the crypto space.
