Ether ETFs Gain $393M While Bitcoin ETFs Shed $376M
Edited by Matt Waller
A notable shift in investor sentiment is underway as Ether (ETH) ETFs in the United States have attracted a net inflow of $393 million this month, while Bitcoin (BTC) ETFs faced a significant outflow of $376 million. This divergence underscores a growing preference for Ethereum-based products among market participants, even as both cryptocurrencies navigate a volatile trading environment.
Divergent ETF Dynamics
Recent figures from Farside Investors reveal a striking contrast between Ether and Bitcoin ETF performance. The nine U.S.-listed Ether spot ETFs recorded inflows that were seven times higher compared to January, experiencing outflows on just two trading days during the month. In comparison, the 11 Bitcoin ETFs only managed to attract in...