Bitcoin vs Ethereum ETFs: The Gap Is Getting Hard to Ignore
BTC when published $80,681Now $80,595 ▼ −0.11% since it was published
Although Thursday saw the highest daily net outflow in four months of well over $600 million, the spot Bitcoin ETFs still managed to end the week in the green. The same cannot be said about their Ethereum counterparts, which have bled for the fourth consecutive week. BTC ETF in the Green But… It was a rather controversial week on the BTC ETF front. After two weeks in a row in the red, the funds broke the negative streak on Monday with a massive net inflow of $526.60 million. Another $23.16 million entered the financial vehicles on Tuesday, which coincided with the underlying asset’s first price uptick. The actual breakout attempt took place a day later when BTC jumped to $85,000 for the first time in two weeks.
First reported by CryptoPotato. This page is a short excerpt; the full text is theirs.
