Bitcoin ETFs vs Ethereum ETFs: Which Bled More Last Week?
BTC when published $81,873Now $80,595 ▼ −1.56% since it was published
In a week in which the underlying asset tumbled from over $84,000 to a monthly low of under $80,000, it’s almost expected that the exchange-traded funds tracking its performance were in the red. And they were. The same can be said about the Ethereum ETFs, which, albeit finally saw a single green day, extended their negative streak. Bitcoin ETFs Bleed Again The spot Bitcoin ETFs have become synonymous with BTC’s price movements over the past several weeks. When net inflows dominate in an impressive manner, as they did at the end of September when investors poured in $2.4 billion into the funds in five trading days, the cryptocurrency’s price blossomed. Vice versa, BTC tumbled during the first and second full weeks of October.
First reported by CryptoPotato. This page is a short excerpt; the full text is theirs.
