Bitcoin and Ethereum ETFs Struggle This Week

- After a string of impressive gains, US-based Bitcoin ETFs have struggled this week, possibly due to geopolitical tensions in the Middle East. 🌍

- Over the past five trading days, these funds have seen a total of $274.3 million in outflows, causing BTC to fall from $66,000 to $60,000 before recovering slightly to $62,000.

- Ethereum ETFs have fared no better, with a total of $25.4 million in outflows over the week. ETH fell from $2,700 to $2,300 before recovering to $2,420.

- Despite the struggles, blockchain technology and cryptocurrencies still have strong potential for growth in the future. 🚀