Bitcoin ETF Surges, Ethereum ETF Stalls

Bitcoin ETF Inflows Surge While Ethereum ETFs Remain Stagnant

• On April 17, US spot Bitcoin ETFs saw a capital inflow of $107.83 million.
• The inflows were led by IBIT ($80.96 million), FBTC ($25.9 million), and DEFI ($965,510).
• Ethereum ETFs showed no change in fund movement after seven days of withdrawals.
• JPMorgan Chase notes waning interest in Bitcoin ETFs may affect its digital gold narrative.

On April 17, US spot Bitcoin ETFs experienced a significant capital influx of $107.83 million, driven by products like IBIT and FBTC, while Ethereum ETFs saw no net fund movement following a week of outflows.