U.S. spot Bitcoin exchange-traded funds (ETFs) have had a difficult trading day, witnessing an outflow of $91.76 million. This reflects a continuing downward trend for Bitcoin ETFs.
Conversely, Ethereum ETFs have shown promise by attracting $14.45 million in new capital inflow on the same day, indicating a stark contrast in investor sentiment between the two major cryptocurrencies.
The data highlights a shift in investment strategies as Ethereum's potential continues to appeal to investors despite recent market volatility in the cryptocurrency sector.