Bitcoin ETF Inflows Surge As Ether ETF Loses $133M In Hype Shift
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On Wednesday, July 24, the crypto market experienced a notable investment shift between Bitcoin and Ethereum ETFs. Bitcoin ETFs recorded positive inflows of $44.5 million, indicating growing investor interest. Conversely, Ether ETFs suffered $133.3 million in outflows as the hype around them diminished. Grayscale's ETHE ETF was particularly impacted, contributing significantly to the loss, despite inflows into Fidelity and Bitwise's ETH ETFs. The data highlights the changing sentiment in the crypto market, with investor focus shifting more towards Bitcoin over Ethereum.
Source: coingape.com ↗
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