Bitcoin ETF inflows dominate as BlackRock leads: ‘No place for ETH’
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Bitcoin ETFs experienced a substantial inflow of $50.6 million on 1st August. This contrasts with Ethereum (ETH) ETFs, which saw significant outflows during the same period.
BlackRock is leading the trend of Bitcoin ETF inflows. As a result, Ethereum ETFs are being sidelined in the current market trend.
The growing preference for Bitcoin ETFs highlights the shifting investor sentiment within the cryptocurrency market, putting Ethereum at a disadvantage.
Source: ambcrypto.com ↗
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