Bitcoin Spot ETF outflows reached a significant $138M last week, terminating a seven-week streak of consistent inflows. This marks a notable shift in the market dynamics affecting Bitcoin investments.
Simultaneously, BlackRock's IBIT experienced substantial inflows amounting to $405M, indicating robust investor confidence in this particular investment vehicle.
Ethereum ETFs demonstrated even stronger investor interest with total inflows reaching an impressive $467M, suggesting a growing appetite for Ethereum-related financial products among investors.