U.S. spot Bitcoin exchange-traded funds (ETFs) experienced significant challenges on Tuesday, with net outflows totalling $79.09 million. This reflects a notable shift in investor sentiment as these funds faced difficulty maintaining previous gains.
Conversely, the performance of ether ETFs was more promising as they managed to secure net gains amounting to $11.94 million. This contrast suggests that investor interest may be increasingly turning towards Ethereum-linked financial products.
Despite the overall struggle, a group of three Bitcoin ETFs did manage to record some positive results amidst the widespread outflows.
