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Bitcoin Spot ETF outflows continue while Ethereum ETFs see a positive streak for four days! Here are the details
Bitcoin spot stock exchange investment funds (ETFs) recorded a net outflow of 71.07 million dollars on Tuesday, indicating a decrease in investor demand.
While Bitcoin Spot ETFs see $71 million in outflows, Ethereum ETFs extend inflows to the fourth day
By the way, Ethereum spot ETFs continued their positive momentum, recording a net inflow of 19.02 million dollars and extending their consecutive four-day inflow series.
The difference in fund flows indicates a potential change in investor sentiment as capital shifts towards Ethereum-based investment products.
While Bitcoin ETFs have seen volatile flows in recent weeks, Ethereum ETFs continue to maintain steady inflows, indicating increasing institutional interest in ETH exposure.
Market analysts suggest that the recent price volatility of Bitcoin may have contributed to ETF outflows due to investors taking profits or reallocating their funds.
By the way, Ethereum's ongoing entrances may reflect expectations regarding the upcoming upgrades of the network and the increasing adoption of staking-based investment products.
The performance of Crypto ETFs continues to be an important indicator of institutional sensitivity to digital assets. While the crypto market follows macro and regulatory developments, ETF fund flows will be closely monitored for insights into investor confidence in BTC and ETH.