Ethereum ETFs See Inflows While Bitcoin ETFs Face Outflows
- Spot Ethereum ETFs have experienced ten consecutive days of inflows, indicating increased institutional interest.
- Total inflows for Ethereum ETFs since inception have surpassed $4.6 billion.
- The ETHA share price has increased by 44% in the past month, reaching $19.49.
- Bitcoin ETF outflows reached $616 million over two trading sessions, with BlackRock’s IBIT contributing $430 million.
- Ark Invest’s ARKB saw over $120 million in outflows during the same period.
Ethereum ETFs are seeing a rise in institutional demand with total inflows exceeding $4.6 billion, while Bitcoin ETFs are experiencing significant outflows totaling $616 million recently.
Source (2.6)https://coingape.com/why-ethereum-etf-are-soaring-while-bitcoin-sees-record-outflows/?rand=24432
