ETF Flows: August 7, 2024 – Bitcoin ETFs See $45.6M Inflows, Ethereum ETFs Face $23.7M Outflows
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Bitcoin Exchange-Traded Funds (ETFs) have witnessed substantial activity as of August 7, 2024, recording net inflows of $45.6 million. This surge indicates increased investor interest and confidence in Bitcoin.
In contrast, Ethereum ETFs faced significant outflows amounting to $23.7 million, reflecting a divergence in investor sentiment toward the two leading cryptocurrencies.
These opposing trends in ETF flows emphasize varying market dynamics and investor strategies within the cryptocurrency sector.
Source: en.coinotag.com ↗
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