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Bitcoin Spot Exchange-Traded Funds (ETFs) ended the negative outflow series! Here are the latest data.
Bitcoin spot exchange-traded funds ( ETFs ) reversed a three-day loss streak, recording a net inflow of 221 million dollars. Meanwhile, Ethereum spot ETFs faced a total net outflow of 51.2 million dollars, and none of the nine ETH-focused funds saw a positive inflow.
While Bitcoin Spot ETFs Saw a Net Inflow of 221 Million Dollars, Ethereum ETFs Experienced an Outflow of 51 Million Dollars
After experiencing three consecutive days of gains, Bitcoin ETFs renewed investor confidence, resulting in a net inflow of 221 million dollars. This change likely indicates that demand for BTC exposure, affected by improving market sentiment or macroeconomic factors, has revived.
In contrast, Ethereum ETFs continued to struggle, recording a net outflow of $51.2 million. Notably, none of the nine Ethereum spot ETFs saw any inflows, indicating that investor interest in ETH is weaker compared to BTC.
The divergence between Bitcoin and Ethereum ETFs highlights the changing investor sentiment. While Bitcoin's renewed inflows indicate increasing optimism, Ethereum's ongoing outflows may signal short-term bearish sentiment for the second largest cryptocurrency.
Market participants will closely monitor ETF flow trends in the coming days to measure whether Bitcoin can maintain its positive momentum and whether Ethereum can reverse its downward trend.